Verkhovna Rada
The Verkhovna Rada is the unicameral parliament of Ukraine and the country's sole legislative body. It is composed of 450 members of parliament (people's deputies) elected for five-year terms. The Rada is presided over by a Chairman and is headquartered in Kyiv on Hrushevskoho Street.
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Ukraine's parliament backs 50% bank profit tax for 2027
Ukraine's Verkhovna Rada supported a bill in first reading extending the 50% tax on bank profits through 2027 and restricting banks' ability to offset current taxable income with losses from previous periods. The proposal must pass a second reading before becoming law.
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Ukrainian parliament dismisses Prosecutor General Kravchenko after he announced suspicion against NABU chief and left Ukraine
Ukraine's Verkhovna Rada voted 317-0 to dismiss Prosecutor General Ruslan Kravchenko on 15 September 2026, one day after he announced suspicions against NABU director Semen Kryvonos and a person close to the head of the Specialized Anti-Corruption Prosecutor's Office (SAP), and left the country. President Volodymyr Zelensky had suspended Kravchenko the previous evening. The dismissal comes against the backdrop of the 'Carthage' operation, conducted by NABU and SAP, which has exposed a corruption scheme involving officials of the Office of the Prosecutor General (OPG).
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Ukraine risks losing part of $29.5 billion in foreign financing without parliamentary votes, PM Koretsky warns
Prime Minister Serhiy Koretsky warned that Ukraine risks losing a significant portion of an anticipated $29.5 billion in international financing if the Verkhovna Rada delays the required legislation, and said the government will send parliament a schedule with clear deadlines for each vote. He described the country's state finances as close to critical and said the government plans to complete its own share of 42 commitments by October 15, having accelerated the timeline from the previously announced November 1 deadline.