The representative of the Ministry of Finance: The presence of four different exchange rates razbalansiruet economy of Ukraine

domestic economy receives four different stimuli in the currency market, because to date the National Bank uses four courses: a formal, in cash, the auction rate of the NBU and the interbank exchange rate. Told the director of the Department of Macroeconomic Forecasting, Ministry of Finance of Ukraine Vladimir Parnyuk during the regular discussion participants in the financial press club.

"In fact, the economy in the same time receives four different stimuli. Is it possible to build such an economy, the balance?" - He said.

"Yes, the importer imports and actually generates its income tax liability at the official rate. The cost of the importer are formed at the rate of sale of foreign currency in the interbank market, which is usually higher than the official rate. That is, as a result of this exchange rate policy for the purposes of income importers tax understated and the costs, however, overstated. While the earnings of the exporters are formed at the rate of sale of foreign currency in the interbank market for profits tax purposes, companies are higher than that of the importer. This difference in approach not only reduces state revenue, but also creates benefits for importer exporter compared with "- explained the official.

"Another example - that influence the exchange rate for servicing the public debt. In accordanf53ce with the procedure"s external debt is calculated at the official rate. But the currency for their redemption and services purchased in the interbank market, that is, the higher rate. To cover the difference necessary to provide additional funds in the budget ", - he added.

Another aspect of the activities of enterprises, which used another course - a trip abroad, he said.

"The development of external economic activity is impossible without the travel specialists abroad. For these trips the company buying the currency at cash rate. The population also creates its foreign exchange savings for the course. As a result of exchange rate policy households, businesses and government differently evaluate their own assets in the same time "- the official said.

Parnyuk convinced that the business in such a situation should raise the question of unification of the course.

"Here, what the correct position?" I think you need to bring together these courses. By the way, this solution does not require legislation, and is the National Bank should carry out very fast, effective and understandable to all policy, "- summed up the official said.

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