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Yuriy Boyko: Ukrainians, return to your homeland with dollars and euros!

Yuriy Boyko: Ukrainians, return to your homeland with dollars and euros!

According to the National Bank of Ukraine, from April 2023 to this day, Ukrainians have been spending $35 million daily abroad using bank cards. This figure has increased significantly since February 2022 due to the mass departure of Ukrainian refugees abroad, where many spend money from their Ukrainian cards.

At the same time, the reverse flow - transfers from Ukrainians abroad to Ukraine (which was previously one of the main channels for the influx of currency into the country) is, on the contrary, decreasing. If for 2021 this figure amounted to $14 billion, then in 2022 $12,5 billion, and for 11 months of 2023 — $10,6 billion.

The constant outflow of household funds from Ukraine in the “travel” category amounted to $2022 billion in 20, and $2023 billion in 18.

Thus, Ukrainians are now withdrawing more money from Ukraine than they are sending to Ukraine, and this is causing a serious blow to the Ukrainian economy.

This problem cannot be hushed up and put off until better times. We already need a comprehensive government program to create conditions for the return of Ukrainians to their homeland. This program should provide for the creation of new jobs, increased labor productivity and an increase in real wages.

Our parliamentary group, for its part, is ready to support budgetary financing of such a program at the legislative level.

This entry is also available in Telegram the author.

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YURIY BOYKO
Allegedly opposition politician
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