You're reading: UNIAN: Ukraine’s budget falls short of $1 billion due to shadow fuel market

UNIAN: Ukraine’s budget falls short of $1 billion due to shadow fuel market

By UNIAN.

Published Feb. 29, 2020 at 10:06 am

The photo, released on Nov. 26, 2019, by the press office of the National Bank of Ukraine, shows new hryvnia banknotes.

Photo by Photo by Yelyzaveta Serhiienko/ Press office NBU

Ukraine’s national budget fell short of Hr 25 billion, or $ 1.02 billion in excise payments in the past two years because of the shadow market of petrol and diesel fuel.