Illegal smuggling in Ukraine is costing the country billions in lost tax payments each year, as smugglers evade customs payments while importing various goods. The State Customs Service has found cases of falsely labeled “humanitarian aid” to avoid fees, contributing to views of it being the most corrupt government institution. To tackle this issue, parliament has passed a reform bill that aims to overhaul the Customs Service, requiring independent selection of its head and deputies. The bill, linked to foreign aid conditions, is essential for Ukraine to secure IMF loans and move closer to EU membership. Major business associations support the reform to combat illegal markets and raise revenue. Despite expected challenges in implementation, the bill signifies a step towards change in the Customs Service. This reform is seen as a crucial first step in addressing corruption and ensuring effective customs operations, essential for Ukraine’s economic stability amidst ongoing conflict.
[ad_2]
Source link