Ukraine Plans War-Risk Insurance Fund, Considers 1% VAT Increase to Cover Business Losses
Ukraine is seeking to establish a first-loss fund to expand war-risk insurance for businesses, with a 1% VAT increase discussed as one possible source of Ukraine’s contribution. The country also wants to attract at least $1 billion, and potentially $2-3 billion from international partners. Business leaders at an EBA conference supported the need for a functioning insurance mechanism but raised…
We haven't written up this one. Kyiv Post has the full story — the link below goes straight to it.
