Born on March 18, 1975 in Kyiv.
Education: Kyiv Polytechnic Institute (KPI), National University of "Kyiv-Mohyla Academy", University of Wisconsin in Madison, USA.
'My education cost Ukraine and foreign countries more than $1 million,' — the politician boasted to journalists.
- While studying at KPI, he worked at Alfa-Capital (now—Alfa-Bank).
- 2004-2008—Lecturer at the University of Bonn in Germany.
'The first job after post-graduate studies,' — Mylovanov clarified.
- 2008-2015—worked in the USA. First he was an Assistant Professor at Pennsylvania State University, then—lecturer, Assistant Professor at the University of Pennsylvania, Associate Professor holding a permanent appointment at the University of Pittsburgh.
- In 2014—co-founder and editor of the website VoxUkraine. A year later, he became a deputy editor of the academic journal Review of Economic Design.
- July 7, 2016—Member of the NBU Council from Parliament (according to quota of the Union political party Samopomich). In October he was elected Deputy Chairman of the NBU Council.
He explained to journalists that there were two groups in the National Bank with "a certain ideological split."
'Two groups. Mylovanov, Gontareva, and Koziuk are one group. Rychakovska, Shcherbakova, Danylyshyn, and Furman are the other one.'
He left the position after being appointed to the Cabinet of Ministers in 2019. After Tymofii Mylovanov, the NBU Council was headed by Vitaly Shapran, who became famous for his quote 'In the 1990s, they would be shot in the stairwell' regarding the Deputy Chairmen of the NBU Kateryna Rozhkova and Dmytro Solohub.
- In July 2019, he trained the deputies of the Servant of the People in Truskavets. He received an invitation to train deputies from Andrii Motovylovets, an MP of Servant of the People.
- A month later he was appointed Minister of Economic Development, Trade and Agriculture. He believes that he got the position thanks to the Assistant School.
- On March 4, 2020, the Rada voted for the resignation of Oleksiy Honcharuk from the post of the Prime Minister. The entire government resigned automatically with him.
'I refused the position of the Minister (of Agriculture) in the new government,' Mylovanov said.
- In November 2020, he became an External Adviser to the Head of the Office of The President Andriy Yermak.
'In fact, for some time I have been an External Adviser (unsalaried) to Andrei Yermak,' the politician said.
According to the declaration, Mylovanov rents an apartment (30 sq. m.) in Pittsburgh, Pennsylvania, USA.
In Kyiv, he rents a house (60 sq. m.) from someone Valeriy Mykoliuk. A man with the same name is the spouse of Mylovanov's sister, Zoya.
In addition, his sister, father, and his wife have an apartment of 42 sq. m. in Kyiv. Another apartment (almost 70 sq. m.) is registered to him and his two sisters.
'I don’t have a home, I think, at all ... I grew up on Honchara Street, I live on Lviv Square, I rent an apartment. And in the USA I like most of all, of course, Philadelphia, it is very dear to me. I would like to live there if I was living in the USA. I like it more than New York, Chicago, San Francisco. But now I live in Pittsburgh. Pittsburgh is not a bad city, and the university is not bad,' the politician admitted to journalists.
Mylovanov has two foreign cars—Aveo (2007) that are registered to him and his sister. And the 2009 Volvo that belongs solely to the politician. In addition, the family has declared boat Crimea (1978).
Tymofii Mylovanov has 1,5 million UAH and $32,800 in bank accounts. Also, the politician declared the securities of the investment company Vanguard (they can be bought from Ukraine) and the international pension fund that provides services to academics.
- Sister — Mylovanova Zoya, born on July 13, 1978
Zoya is one of the founders of VoxUkraine. Registered as a public organization (EDRPOU 40116636).
Zoya Mylovanova is also a practicing lawyer.
- Sister — Varshavska Marianna, born on March 15, 1968.
She graduated as a psychologist, worked as the head of IT projects at the WEB studio and as a development consultant.
Tymofii’s mother passed away.
'My mother died because of complications after neck surgery, and the doctors wrote it was a blood clot. Maybe it was a blood clot... But we will never know the truth. Because if they wrote that she died from complications, the hospital would be to blame for the complications. And if they wrote from a neck injury, it would be the fault of the person who could be blamed for creating the conditions that led to the injury,' — the politician said.
- Father — Mylovanov Serhii, born on October 1, 1947.
- Father's wife — Mylovanova Nonna, born on August 9, 1940
- It is known that Timofii married an American in 2004, divorced in 2008. He told reporters that he met his ex-wife in a nightclub in Germany.
'It didn't work out. We have no children. I fall in love with people, but it's difficult for me, because I have a challenging nature,' he explained to website Medium.
- In October 2019, oligarch Ihor Kolomoisky called Mylovanov a moron and advised him to resign.
The reason was the performance of Kvartal 95, in which they ridiculed the arson of the house of Valeria Gontareva, the former NBU Governer.
Minister Mylovanov then stated that the Vechirny Kvartal's jokes against Hontareva could and would be perceived by external investors as confirmation of ties between the oligarchs and the government, and this negatively affected the investment climate in the country.
'I’m not hiding that I am a moron. I'm kidding. So the main thing here is the results. And I think the scandal is over, because everyone has spoken out,' the official replied to the journalists and added that he was not offended by the oligarch.
- In April 2020, Yulia Tymoshenko sued against Mylovanov—she demanded protection of honor and business reputation. On the air of the TV channel Ukraine, the Minister of Economy said that allegedly in 2009 the medication Tamiflu was purchased at inflated prices from intermediaries, while there were other sellers on the market. And they offered this medication at different (lower) prices.
The case is being considered by the Shevchenkivskiy district court of Kyiv.
- In February 2021 Mylovanov badmouthed the IMF after the mission representatives did not approve the next tranche to Ukraine.
'That was the IMF who screwed up, not Ukraine. If we look at it honestly,' he wrote on social media.
On February 13, it became known that the IMF mission on the first revision of the stand-by program ended without a result and Ukraine will not receive the expected tranche.
'The discussions focused on strengthening the management of the NBU, improving the legislative and regulatory banking supervision basis and financial recovery, measures aimed at reducing the fiscal deficit in the medium term, legislative initiatives to restore and strengthen the anti-corruption infrastructure and legal proceedings; also the dis representatives cussions focused on activities in the energy sector. The discussions will continue,' the of the Fund in Ukraine explained in a press release.
First, Yermak’s Adviser clarified in social networks that 'someday he will write in his memoirs how that side [the IMF] is cheating.'
'I did not know and could not believe it until I started working with it,' he explained to readers.
Then Mylovanov told reporters that the IMF 'deceived' Ukraine and created a negative background for the visit of President Volodymyr Zelensky to the UAE.
'We were deceived somewhere, but tactfully deceived, put in a difficult situation when we arrived to the Emirates with this negative news about the mission, that was spread out by the Russian media, and you could feel it [while being] in the Emirates,' he said in an interview with Hromadske TV.
The Servant of the People hastened to distance themselves from the statements of an experienced economist.
'Mylovanov is such an extravagant person in our team and we love him for that sometimes, and sometimes we don’t. He allows himself certain statements that we absolutely disagree with, I can say this with confidence,' said Danylo Hetmantsev.
In 2014, Ukrainian Forbes included Tymofii Mylovanov as the second number in the rating of 15 leading economists in Ukraine who have achieved success over the past five years.
'The state approach means supporting the interests of the state. This means you need to hold a firm position. The firm position, in its turn, means you can face delays. Because both sides are looking for a compromise, yet each side is eager to achieve the best result for themselves. The better the situation in macroeconomics, budget, and finance in Ukraine and the world market, the easier it is to avoid such delays. The only thing is that sometimes one side communicates asymmetrically. As the result, the media can highlight the position of one party.'
'There is maintained the financial — macroeconomic stability, there are no systemic risks, the situation with the budget is fine. And [as for] negotiating with the IMF, the Ukrainian side works primarily in the interests of the state and does everything possible to reach agreements with the IMF. At the same time, in any negotiation process, there are fundamental issues related, among other things, to the independence of government, which always make our negotiations delicate and complicated. Everyone defends their position, does it firmly, and respectively, negotiations take time. And that’s okay. Both sides need to find compromises in the common interest. That is the essence of the negotiations.'
'But I will give an example from another field. On the land market and the World bank. A year ago, in January 2020, an author was demanded to adopt a law on the land market (there are many of them) as a structural benchmark. As a minister, I said back then that it was absolutely impossible [to do it] in such a term. So, this law has not been adopted up till today — 13 months later. Why? Because there the Cabinet could lose control over a certain part of financial management. And this is impossible for political and legal-budgetary reasons. Therefore, up till today, the situation has not moved a step further. You can insist on impossible things. But then there will be no progress. And this is also okay. Just don't put the responsibility on others.'