For five months of the following year it was allocated UAH 810,6 million for the programs of social protection of the population who suffered as a result of the Chernobyl disaster.

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The Ministry of Finance of Ukraine allotted the first UAH 15 million to Lviv Regional State Administration for liquidation of the storm's consequences.

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"The public external debt of Ukraine for April, 2008 is diminished to UAH 603.789,96 thousand or 119.562,37 thousand in US dollar equivalent and made UAH 54.990.879,38 thousand (61,85%) or USD 10.889.283,03 thousand", - reported the Deputy Minister of Finance Volodymyr Lytvyn commenting the NBU information on Gross External Debt of Ukraine.

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The Cabinet of Ministers of Ukraine approved a Draft Law of Ukraine which was developed by the Ministry of Finance "On denouncing of Agreement between USSR and Government of the Republic of Cyprus on avoidance of dual taxation of income and property" for reintroduction to the Verkhovna Rada.

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The Ministry of Finance of Ukraine developed a resolution which foresees an abolishment of 10 taxes, a decrease of collection from buying-selling currency from 0,5% to 0,2% and to carry a part of deductions into the Pension Fund from legal entities on individuals (+3%) with obligatory simultaneous wage increase on proper sum. Thus, the charges on payroll fund in the enterprises will be 3,5% diminished.

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A meeting took place at the Ministry of finance of Ukraine between the representatives of MOF and the Nordic Investment Bank (NIB). The main subject of discussion was a prospect of development of joint projects.

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According to the State Treasury latest update the general fund revenue receipts for January-May of the State Budget, 2008 totaled UAH 71,0 milliard that 52% (UAH 24,2 milliard) more than relevant period of 2007. An execution of revenue plan 111,3% is fulfilled.

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For April, 2008 the government external debt in hryvnya equivalent is decreased to UAH 603.789,96 thousand or USD 119.562,37 thousand in US dollar equivalent.

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The Cabinet of Ministers approved a resolution which was developed by the Ministry of Finance of Ukraine "On financing of measures on health improvement and rest of children in summer of 2008".

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The Ministry of Finance of Ukraine elected a manager (lead-manager) for issuance and placement of external public bond according to the Law on the State Budget for 2008. During holding a tender on a lead-manager the Ministry of Finance of Ukraine got proposals from 17 international investment banks. A syndicate of three banks - BNP Paribas, JP Morgan and Standardbank won the tender, the ministry press-service reported.

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