The introduction of a tax on the purchase of foreign currency will increase inflation in Ukraine - National Bank

06 August 2022, 18:36 | Economy
photo Зеркало недели
Text Size:

According to the calculations of the National Bank of Ukraine, the introduction of a tax of 10% on transactions for the purchase of foreign currency for the import of goods and services will lead to an increase in inflation by about 1 percentage point. This is stated in the response of the NBU to the request of Economic Truth..

At the same time, the inflation rate for the current year will not have to be revised..

As explained in the NBU, in the inflation report for July, the National Bank has already taken into account the introduction of an import tax. Therefore, if the parliament approves this idea, the NBU forecast for inflation for the current year will not have to be revised.. It will stay at 31%.

[see_also ids\u003d"

" The effect on inflation growth, taken into account in the forecasts, will be about 1 p.p.. "

In addition, the NBU expects that additional taxation of import transactions will help balance supply and demand in the foreign exchange market, save gold and foreign exchange reserves and positively influence the exchange rate expectations of citizens and businesses..



"

Recall that the Cabinet of Ministers will develop a decision on the introduction of a tax on the purchase of foreign currency at the level of 10 percent.

The idea of \u200b\u200bintroducing a 10% tax on the purchase of foreign currency in the National Bank is supported by.

The tax will affect foreign exchange transactions for the purchase of all imported goods and services. It is not yet clear whether it applies to importers - legal entities, or will also be extended to individuals.




Add a comment
:D :lol: :-) ;-) 8) :-| :-* :oops: :sad: :cry: :o :-? :-x :eek: :zzz :P :roll: :sigh:
 Enter the correct answer