Contents tagged with International Monetary Fund

  • Media: Ukraine loses 4 billion euro annually because of corruption at the customs

    Ukraine loses over 4 billion euro annually due to corruption. "It is more than one tenth of all revenue of the budget and double the sum that Ukraine expects to receive in 2018 from the International Monetary Fund, the European Union and the World Bank,” according to Süddeutsche Zeitung newspaper’s investigation that it published on Monday, August 6.

    Based on customs and transport consignment notes, Süddeutsche Zeitung described the fraud schemes used to avoid duties. Goods brought into the …