Page 17 - Ukraine OUTLOOK 2025

The NBU has lifted some currency restrictions to support foreign trade and international technical assistance programmes. On November 20, the National Bank made changes to currency restrictions. "On the one hand, the NBU eased several restrictions to support international cooperation in foreign trade and international technical assistance projects and programmes. On the other hand, it takes measures to strengthen the discipline of observing currency restrictions," the NBU commented on its own decision.
● Ukrainian enterprises can pay for the import of goods without limiting the term of their delivery to Ukraine, provided that the funds are transferred for the benefit of a foreign export credit agency or a foreign state.
● Transferring currency abroad to pay for international technical assistance projects is now possible regardless of the country or organisation that finances them.
● Ukrainian companies can partially repatriate dividends on corporate rights or shares, provided that the issuer has been in business for at least 12 months from the date of registration and at least six months have passed since the foreign investor acquired ownership of the corporate rights or shares.
The NBU also prohibited using foreign currency loans to purchase securities denominated in foreign currency.
• 2.3 Income
Businesses in Ukraine will continue to raise salaries for their employees. In 2024, most Ukrainian businesses and companies with foreign capital increased employee compensation.
67% of Ukrainian companies and 71% of companies with foreign capital plan to raise salaries for employees in 2025 as well.
Also, 87% of EBA member companies have raised employee wages in 2024, and 88% of companies plan to do so in 2025.
17 Ukraine OUTLOOK 202 www.intellinews.com