40% of Ukraine's economy is in the shadows — Yulia Svyridenko

The First Deputy Prime Minister of Ukraine and the Minister of Economy, Yuliya Svyridenko, during a media briefing on Wednesday, announced that according to the estimates of the Ministry of Economy of Ukraine, 40% of the country's national gross domestic product is "in the shadows".

According to her, this also applies to the agricultural sector and the export of agricultural products. The laws signed by the President of Ukraine, Volodymyr Zelenskyi, aimed at combating "black grain" and the non-return of foreign exchange earnings, will provide an opportunity to better control the issue of the return of foreign exchange earnings from agricultural products.

"I think that according to the latest figures of "grey" grain export, only our grain traders can give you an expert assessment, but it is clear that there is a share. We calculated that if we are talking about the shadow economy, then 40% is a potential figure for finding the economy "in the shadow".

I think it is obvious that this applies to the agricultural sector, including the export of agricultural products. Therefore, the law signed by the President should give an opportunity to control the return of foreign exchange earnings from agricultural products more closely," said Svyridenko.

The minister noted that in the last six months there has already been a shift in the figures in the return of foreign exchange earnings.

"But let's look at the dynamics. We hope that our situation will improve by the end of the year," she added.

Svyridenko noted that this is important because, if the foreign exchange revenue is not returned, it endangers the financing of the state budget.

Certificate:

  • Earlier, the head of the VRU committee on finance, tax and customs policy, Danylo Hetmantsev, stated that at least 1.5 trillion hryvnias are in the shadow of Ukraine's economy. 500-600 billion of them could go to the budget. But bringing these funds out of the shadows is not a matter for one year. However, the state is gradually moving towards the bleaching of entire industries, and this work entails an increase in revenues to the budget;
  • the state is trying to bring markets out of the shadows and create equal economic conditions for all. This was successfully done with the trade in gold products and in the fuel industry.
spot_imgspot_imgspot_imgspot_img

popular

Share this post:

More like this
HERE

"A glass of wine in the evening" is no longer the norm: doctors explained the health risks

After 65 years of age, the body tolerates alcohol much worse -...

Fabio Wardley has become the official contender for Usyk's belt - the fight could take place in March

Oleksandr Usyk may have his next fight in March 2026...

Singer Viktor Pavlik's wife, Kateryna Repyakhova, admitted that she regrets plastic surgery

Blogger Kateryna Repyakhova, wife of singer Viktor Pavlik, publicly admitted...

Timur Tkachenko said that the Kyiv City Council is planning a budget without funds for air defense and drones

Kyiv City Council is preparing to revise the capital's budget, but without a single hryvnia...

Erdogan said that a compromise would be found between Ukraine and Russia "soon," and promised Turkey's mediation

Turkish President Recep Tayyip Erdogan said that between Ukraine...

Prosecutor from Rivne region who evaded a breathalyzer test after a traffic accident was not fired

The Qualification and Disciplinary Commission of Prosecutors did not dismiss the head of the department of the Rivne Regional...

People's Deputy Kucherenko accused the government and Klitschko of failing to protect Kyiv's energy sector

After new massive attacks by the Russian Federation on the energy system, the People's Deputy...