PM to meet with customs chief Nefyodov on failure to meet customs revenue targets

REUTERS Ukrainian Prime Minister Denys Shmyhal will meet on Saturday with Head of the State Customs Service Maksym Nefyodov regarding the failure to meet customs revenue targets. "Regarding customs, a big meeting with the financial unit is planned for tomorrow, including with the head of customs," the prime minister said in the Verkhovna Rada. However, Shmyhal specified no other details of the scheduled meeting. As UNIAN reported earlier, Ukrainian President Volodymyr Zelensky said the State Customs Service of Ukraine in January-February 2020 failed the plan of customs revenues to the state budget, and also did not completely eliminate smuggling. Read alsoSBU backs reintroducing criminal liability for smuggling According to Zelensky, the non-fulfillment of the state budget revenues of Ukraine has amounted to almost UAH 16 billion (US$646.7 million) over two months, of which UAH 13 billion (US$525.4 million) are non-receipt from customs. As UNIAN reported earlier, Ukrainian national budget&#39;s general fund in February 2020 failed to get revenue, accounting for 6.3% of the target. Ukraine&#39;s national budget in January 2020 received UAH 50.726 billion (US$2 billion) in revenue, which was 7% down year-over-year and 21.5% below the target set for the month. The national budget for 2020 foresees UAH 1.096 trillion (US$44.3 billion) in revenue and UAH 1.182 trillion (US$47.7 billion) in spending. The budget deficit is capped at UAH 94.3 billion (US$3.8 billion), and the country&#39;s state debt is limited to UAH 2.363 trillion (US$95.5 billion).

PM to meet with customs chief Nefyodov on failure to meet customs revenue targets

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