Currency converter
^
All news
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Over 80% of LPR budgetary revenues denominated in Russian roubles — LPR finance minister

June 09, 2015, 21:04 UTC+3 LUGANSK

LPR Finance Minister said the share of the Ukrainian currency unit had considerably shrunk and if the LPR had not introduced a multi-currency system it would have had big problems with payments

Share
1 pages in this article
© TASS/Yegor Aleev

LUGANSK, June 9. /TASS/. More than 80% of taxes payable to the budget of the self-proclaimed Luhansk People’s Republic (LPR) are paid in Russian roubles, LPR Finance Minister Yevgeny Manuilov said on Tuesday.

"About 80% of tax revenues as of today are in roubles, but some are in US dollars," LuganskInformCentre cited him as saying. In his words, US dollar-denominated revenues make up 4%, revenues in euro account for less than 1%, while revenues in hryvnias account for 14%

Manuilov said the share of the Ukrainian currency unit, the hryvnia, had considerably shrunk and if the LPR had not introduced a multi-currency system it would have had big problems with payments.

"The multi-currency system has proved to be efficient. We receive taxes in US dollars which we used to pay wages and pensions. A novelty is that we pay part of pensions to military retirees and part of wages to medical personnel in U.S. dollars," he said.

Show more
Share
In other media
Реклама
Реклама