Economy 2022-01-15T07:02:24+02:00
Ukrainian news
Poroshenko Not Signing His Own Bill On 100% State Guarantee For Deposits Placed With State Banks For Year

Poroshenko Not Signing His Own Bill On 100% State Guarantee For Deposits Placed With State Banks For Year

Verkhovna Rada, President, Petro Poroshenko, deposits, bill, state guarantee

President Petro Poroshenko yet to sign a bill proposed by him to the Verkhovna Rada on providing 100% state guarantee for deposits by the population with state-owned banks (PrivatBank and Ukreximbank).

That the bill has not been signed yet is indicated in the bill's document published on the website of the Verkhovna Rada, Ukrainian News Agency reports.

Poroshenko registered the bill at the Parliament on December 19, 2016 and designated it as urgent and subject to the immediate consideration.

The Rada passed the bill on the next day after its registration, on December 20, 2016, and two days later, on December 22, 2016 the bill was signed by Parliament's Chairperson Andrii Parubiy and passed to the President for the final signing off.

The Constitution obliges President to sign the bill or return to the Rada with recommendations within 15 days after his Secretariat received it.

At the May 14 press conference, taking a question from the Ukrainian News Agency about reasons for breaking with the terms established by the prime law, Poroshenko said he would sign the bill.

As at December 22, exactly a year after the bill was handed over to the President for signature, the bill is still not signed.

As Ukrainian News Agency earlier reported, on December 18, 2016, the Cabinet of Ministers decided to nationalize PrivatBank.

Under the current law, state-owned Ukreximbank and PrivatBank guarantee the return of deposits attracted from the population in the amount up to UAH 200,000.


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