According to the US Treasury Plan on Re-capitalize Global Banks - Ukraine can improve own financial image, reports JPMorgan after recent meeting in Kyiv with officials from the National Bank, government representatives, bilateral and multi-lateral creditors, local banks; Naftogaz, City of Kiev and business sector.

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The Verkhovna Rada has ratified an Agreement on realization of a Project for modernization of public finance between Ukraine and the International Bank for Reconstruction and Development.

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An amount of the direct and guaranteed public debt of Ukraine decreased in hryvnya equivalent by UAH 3.330.591,86 thousand (3,75%) (for January-July of 2008).

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At a Gov't sitting the Draft Law "On the State Budget of Ukraine for 2009" has been endorsed.

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Today in the club-house of the Cabinet of Ministers of Ukraine the First Deputy Finance Minister of Ukraine Igor Umansky held a briefing and telephone hot line.

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On August 8, 2008 Moody's Investors Service has confirmed several key credit ratings of Ukraine and has maintained a positive outlook on these same ratings

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According to the amendments to 2008 Budget, has been approved on July 31, 2008, the reserve fund charges increased by UAH 1,6 milliard and the subventions in total amount of UAH 2 milliard are foreseen to Vinnitsia, Zakarpattia Ivano-Frankivsk, Lviv, Ternopil, Chernivtsi regions and the city of Chernivtsi for liquidation of the consequences of nature disaster.

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For January-June of 2008 a sum of public debt and public guaranteed debt of Ukraine decreased in hryvnya equivalent by UAH 2.832.231,47 (3,19%).

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According to the State Treasury latest update the general fund receipts for January-July of the State Budget, 2008 totaled UAH 98,2 milliard that 49,8% (UAH 32,7 milliard) more against relevant period of 2007. Execution of revenue plan for 7 months made 109,2%.

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