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The volume of foreign exchange earnings by exporters increased by 16%, but up to $8B still must be returned to Ukraine.

The Ukrainian government will ease restrictions for businesses.

Pen on credit card and a US one hundred dollar bill

According to the NBU, the amount of export earnings received in Ukraine for January-June 2024 exceeded the result for the same period in 2023 by 15.9%, or $3.3B, while the amount of unreturned foreign exchange earnings remained at the previous level of $7-8B.

“Therefore, the practically unchanged volume of export operations, for which the maximum terms of settlement were exceeded, against the background of the increase in the volume of export sales received from abroad, is a positive trend,” the regulator noted.

As reported, the NBU systematically opposes unproductive capital outflow and takes measures to return export earnings in a timely manner. In particular, this concerns currency restrictions, which the regulator is gradually easing given stable prerequisites. At the same time, the NBU expects the Cabinet of Ministers of Ukraine to introduce a new regime to support the export of certain agricultural goods developed by state bodies.

 

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