• 18/07/2024 12:40

The National Bank allows a reduction in the period for the return of foreign currency earnings on other exchange commodities, except for grains

The decision to reduce the period for returning foreign exchange earnings from grain exports from 180 to 90 days can be extended to other exchange-traded export goods. This was announced by Deputy Head of the NBU Yuriy Geletiy during a briefing on monetary policy.

The National Bank allows a reduction in the period for the return of foreign exchange earnings on other exchange commodities, except for grains

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“We are currently working on the issue of other commodities in order to also take certain steps to stimulate the return of export revenues in these difficult times for the state “, he said.

Geletiy said that based on the results of an analysis of 200 agro-industrial companies, export revenue in December 2023 increased by 1.6 times compared to October.

According to him, the National The bank also strengthened information cooperation with the State Customs Service and the State Tax Service.

“We must receive customs declarations with the product code, with the country of origin, and we actually agreed on this with the customs and signed the corresponding protocols between the National Bank and customs service. We also agreed to improve the exchange of information and formalized agreements with the tax service,” he noted.

minfin.com.ua

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