UCRA FIS INDEX (Foreign Investor Sentiment Index) for Ukraine returned to positive territory for the new year at 104.9 points. Investor sentiment has been greatly influenced by the adoption of the state budget for 2016 and changes to the Tax Code at the end of December. According to respondents, it gives investors a greater level of certainty on the prospects of further cooperation of the IMF with Ukraine. The negative factor for investors is potential political instability manifested in public scandals in the upper levels of the state authorities. Read more
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