Ukrainian President Volodymyr Zelensky has just signed an important law that allows the government to sell state-owned banks. This decision, announced on the Verkhovna Rada's website, is a big step in changing how banks operate in Ukraine.
Why Is This Happening?
The law, which was passed by the Rada on September 19, aims to reduce the government’s involvement in the banking system. This move is part of Ukraine’s agreement with the World Bank, which has made privatizing these banks a r...