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Main news of the week: Fed rate and tax increase for sole proprietors

The Fed expectedly left the base rate in the range of 4.25-4.5%

The Federal Reserve System (FRS) has kept the federal funds rate in the range of 4.25-4.5% per annum. According to the report, the Fed will reduce the volume of US Treasuries on its balance sheet by $5 billion per month starting in April, instead of the current $25 billion.

All systemic banks to launch instant transfers in the first half of 2025 — NBU

Instant transfers of the Electronic Payment System (EPS) 4.1 of the National Bank of Ukraine are already used by 19 banks out of 61 on the market, of which 8 are systemically important.

The Ministry of Finance raised more than 17 billion from the sale of bonds

On March 18, at an auction to place domestic government loan bonds (DGLB), the Ministry of Finance attracted UAH 17.15 billion in equivalent to the state budget, which is UAH 8.61 billion more than last week – UAH 8.54 billion.

Germany to provide Ukraine with over 11 billion euros in aid by 2029

The German government has approved €3 billion in military aid to Ukraine in 2025 and plans to provide more than €8 billion in support in 2026-2029, totaling more than €11 billion.

The Ministry of Finance has denied information about tax increases for sole proprietors

The Ministry of Finance does not plan to increase taxes for sole proprietors. As noted by the Ministry, legislative changes regarding elements of the simplified tax system will begin to be processed only after the prerequisites for such a reform are met, not earlier than the year following the year in which measures for the security of data use and access to information on the volume and circulation of taxpayers' funds in their bank accounts are considered to be completed.

minfin.com.ua

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