Ukraine War News Today - Top Stories and Breaking Updates from Kyiv Post

On Sept. 16, the Verkhovna Rada approved two key draft bills in their first readings to meet international commitments under IMF and EU programs. Lawmakers backed No. 16051-1 to end VAT exemptions on international parcels under €150 ($170), expected to generate Hr.10 billion ($224 million) annually. Parliament also approved No. 15024 to simplify insolvency procedures for small businesses, unlocking potential EU funding. The Verkhovna Rada on Sept. 16 passed two significant draft bills in their first readings, advancing key fiscal and business reforms required under Ukraine’s international funding commitments. Lawmakers backed Draft No. 16051-1, with 273 votes, to introduce a 20% value-added tax (VAT) on cross-border e-commerce parcels valued at under €150 ($170).