Friday, December 18, 2015

Still on the Edge



The article goes into great detail regarding the recent progression of the Ukrainian economy and that even though it is progressing there are things to be skeptical about. Value added tax rebates on exports have been a particularly tricky issue because no one has actually tried to clean up the lucrative system of actually claiming them. However; the 2016 budget proposal is pretty reasonable but it is hindered by people who are resisting the abolition of inefficient tax loopholes.

There dodgy elements in  the Ukrainian economy are a source of skepticism for locals as well 


as foreigners. With threats of resignations still up in the air, Ukraine remains at  risk.

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