The savings of Ukrainian citizens outside the banking system are estimated at $ 30-35 billion. This estimate was given by the chairman of the National Bank Kyrylo Shevchenko during the Kyiv Economic Forum.
There are different estimates of the “gray” economy. We in the National Bank believe that this is up to 30% of GDP. If we talk about the savings of Ukrainian citizens who are outside the banking system after 2010, it is equal to $ 30-35 billion – in dollars, euros and hryvnias, “Shevchenko said.
“As for the question of how to get this money” from under the mattress “, it is a non-bank financial market. Today this market is more dynamic, its way to the client is shorter than that of banks,” the head of the central bank added.
Shevchenko also noted that citizens have 2.5 investment options: deposits, real estate and IGLBs, which he estimated at 0.5.
The head of the parliamentary committee on finance, tax and customs policy, Danylo Hetmantsev, believes that Ukrainians are keeping $ 50 billion of undeclared income in the shadows.
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Four world’s biggest enterprises who producing tobacco products – British American Tobacco, Imperial Tobacco, Philip Morris International and Japan Tobacco International appealed this week to the court against the government, where they are opposed to the introduction of a new law in Britain banning branded a pack of cigarettes. According to the law, which will […]Next
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INTENDED POTENTIAL Each country possesses certain positive qualities that enable it to compete for investment when attracting foreign capital. These can be natural resources, geopolitical features, the legal system, level of production, technological and cultural development, etc. Since Ukraine has declared its independence, a certain rating of its investment attractiveness potential has also emerged. Land […]Next