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Exit capital tax would affect Ukraines revenue, ability to service debts
Journal Staff Report

KYIV, Oct 25 The introduction of exit capital tax in Ukraine could affect revenue of the national budget, and the ability of the country to service external liabilities.

The Finance Ministry pointed out the respective risk in the preliminary offering memorandum for eurobonds.

"According to the assessments of the Economic Development and Trade Ministry, the introduction of the tax could result in a loss of around 1.2-1.3% of GDP, which would entail the large expansion of the deficit of the national budget and total reduction of expenses," the ministry said.




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Currencies (in hryvnias)
  20.11.2018 prev
USD 27.76 27.75
RUR 0.421 0.421
EUR 31.73 31.49

Stock Market
  19.11.2018 prev
PFTS 579.6 583.3
source: PFTS

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