At the end of 2023, they accounted for 18.6 percent of the total 181,370 foreigners in the state, as reported by the State Statistics Office in Halle on Thursday. Based on data from the Central Register of Foreigners. The second and third largest groups are people from Syria (15.9 percent) and Poland (7.8 percent). The number of foreigners in Saxony-Anhalt increased by 12,150 people from the end of 2022 to the end of 2023.
https://www.zeit.de/news/2024-05/02/ukrainer-sind-groesste-auslaendische-bevoelkerungsgruppe
In the first quarter of 2024, Ukrnafta sold 52.6 mln liters of fuel in NAFTA cards and coupons. In particular, 18.7 million liters were sold in March.
The company’s press service reports.
In total, 140.4 million liters of fuel have been sold since the beginning of 2023, when the company launched its own B2B program.
The number of customers – public and private enterprises – exceeds 3 thousand.
Regional sales offices have been opened in Ivano-Frankivsk, Odesa, Dnipro, Lutsk, Khmelnytskyi, Vinnytsia, Kamianets-Podilskyi, Kharkiv, Zaporizhzhia, Poltava, Lviv, Cherkasy, and Mukachevo.
Ukrnafta coupons are accepted at 866 filling stations and cards at 1003 filling stations across the country, including SOCAR, Ovis, VST and other networks.
The number of “cash registers in a smartphone” is twice as high as traditional ones
According to the Tax Service, 877.6 thousand cash registers are currently registered in Ukraine. Almost 70% of all registered financial accounting devices are PTRs, while the popularity of “traditional” cash registers is steadily declining. Back in 2021, the number of online cash registers was 8.5 times lower, indicating an increase in their popularity.
69% of the total number of cash registers, i.e. almost 605 thousand, are now PTRs. Their number increased 1.6 times over the year. Compared to the period before the full-scale invasion, in 2021, the number of “cash registers in smartphones” increased 8.5 times. It is worth noting that online cash registers appeared only in 2020.
At the same time, traditional cash registers have been losing popularity since March 2022. Over 2 years, their number has decreased by 15% – from 323.1 thousand to 273.1 thousand.
Accordingly, there are now 2.2 times more cash registers than cash registers. For comparison, at the beginning of April 2021, the situation was radically different – the number of cash registers was 4.2 times higher than online cash registers. So then, every hundredth check was from a cash register, and in 2024 – every second.
The average amount of cash register checks has also increased – 11 times in 3 years. If in 2021 it was UAH 9 billion, now it is UAH 103 billion.
In 2024, the total amount per month for PTRO checks averaged UAH 238.4 billion, almost half of which – 43% – was from online cash registers. For comparison, in 2021, this amount averaged UAH 142.8 billion, and the share of PTRs was only 6%.
“Businesses prefer cash registers for their convenience, easy installation, and lower price compared to fiscal machines. The fact that the Ministry of Finance is planning to limit the operation of cash registers – to ban the offline mode, to return paper accounting books and gluing receipts – in today’s situation looks like a shot in the foot. Instead of leaving Ukraine in the club of highly digitalized countries, they are trying to drag us back to the bureaucratic past, where doing business is expensive and difficult,” comments Rodion Yeroshek, CEO and co-founder of the Ukrainian restaurant automation company Poster.
Context.
As of October 1, 2023, the moratorium on inspections of the use of PTRs by entrepreneurs was lifted, and now it has become mandatory. If a tax audit of the documentation reveals that sole proprietors make a profit from the sale of goods unofficially, they will face a hefty fine. This condition partly explains the rapid growth in the popularity of using PTRs.
Currently, the Ministry of Finance of Ukraine plans to restrict the operation of “cash registers in a smartphone”.
https://opendatabot.ua/analytics/safe-prro
Insurance group “TAS” (Kiev) in March 2024 attracted UAH 291.27 mln of insurance premiums under the concluded insurance contracts, which is 68% higher than the volume of payments collected by the company for the same period last year.
According to the insurer’s website, the volume of CASCO sales increased by 46.1% to UAH 57.39 mln of payments, which is 19.7% of the total amount of March premiums, MTPL – by 42% to UAH 90.54 mln or 31.1% of the total volume, Green Card – by 2.4 times to UAH 112.5 mln or 38.6% of the total volume.
Besides, the volumes of collections under property insurance contracts have grown by 29,3% – the company has attracted UAH 4,94 mln of payments under them in March.
Under contracts of voluntary medical insurance the company for the first month of spring 2024 collected UAH 2.73 million of payments, under other insurance contracts – UAH 23.21 million, which is 48.9% more than in the past.
As reported, in March the company paid out UAH 157.08 million – it is by 38.6% more indemnities of the company compared to March a year earlier. At the same time, a quarter of payments of the insurer for the reporting period (25,39%) came to CASCO – UAH 39,88 mln (+23,1%), MTPL – 34,48% of the volume of payments – UAH 54,16 mln (+14%), “Green Card” – 23,04%, or UAH 36,19 mln (+86,2%).
At the same time, the volume of payments under VHI has grown in 2,47 times, up to UAH 22,83 mln, that is equal to 14,54% of the total amount of payments of the company following the results of the reporting period. Under other insurance contracts the company’s payouts following the results of March totaled UAH 4,02 mln.
IG “TAS” was registered in 1998. It is a universal company offering its clients more than 80 types of insurance products on various types of voluntary and compulsory insurance. It has an extensive regional network: 28 regional directorates and branches and 450 sales offices throughout Ukraine.
Ukrburgaz Drilling Department (a division of Ukrgasvydobuvannya JSC) drilled 40,059 meters in April 2024, which is 24% higher than the previous monthly record set in November-2023 – 32,423 meters.
“Despite the war, we continue to drill new wells, increase gas production, fill underground storage facilities and generally work on increasing production figures,” Naftogaz Group head Oleksiy Chernyshov said, quoted on the company’s website on Wednesday.
According to him, the record figures were achieved, in particular, due to the rapid construction of drilling sites, accelerated work on mobilization of equipment and installation of drilling rigs, as well as clear distribution of special-purpose vehicles to accelerate the start of drilling of 9 wells.
In turn, as the head of Ukrgasvydobuvannya, Oleg Tolmachev, commented, the acceleration of drilling is directly related to improved production performance.
“We have already significantly increased the penetration rate. This year we plan to drill 365 thousand meters,” he noted.
Naftogaz Group increased gas production by 12% year-on-year in the first quarter of 2024.
Receipts of taxes, fees and mandatory payments to the general fund of the state budget of Ukraine, according to operational data, in April amounted to UAH 153.6 billion compared to UAH 164.3 billion in March and UAH 184.8 billion in February, such operational data (as of 16:00 on April 30) reported the Ministry of Finance on Tuesday.
According to its data, the most of all reduced receipts of payments from the State Tax Service – to 59.7 billion UAH from 105.7 billion UAH in March and 107.4 billion UAH in February, which is due to high payments in previous months of income tax, in particular, by banks, as well as advance payments.
It is pointed out that in April, income tax revenues amounted to only UAH 3.2 billion against UAH 60.1 billion in March and UAH 61.0 billion in February, but in April, part of its profit of UAH 38.64 billion was transferred to the budget by the National Bank, although the Ministry of Finance does not mention it in the summary.
As for other taxes, personal income tax and military levy increased to UAH 16.5 billion (UAH 15.7 billion) in April, rents to UAH 5.5 billion (UAH 1.4 billion), and excise tax to UAH 11.5 billion (UAH 9.2 billion).
Value added tax also increased to UAH 22.8 billion (UAH 18.0 billion): collected UAH 34.8 billion (UAH 29.0 billion), refunded – UAH 12.0 billion (UAH 11.1 billion).
Receipts from the State Customs Service increased in April to UAH 48.9 billion from UAH 45.8 billion in March and UAH 39.8 billion in February. As the head of the specialized parliamentary committee, Daniil Getmantsev, pointed out on Tuesday, about 2.5 billion hryvnias of additional revenue came from the unblocking of the Polish border over the past week.
The Finance Ministry pointed out that the monthly revenue estimate of the general fund of the state budget, according to operational data, was exceeded by 29.5% (+35 billion UAH), including by the State Tax Service – by 7.9% (+4.4 billion UAH), while the State Customs Service – by 14.5% (+6.2 billion UAH).
In addition, the general fund of the state budget received UAH 2.7 billion of international aid in the form of grants in April, compared to UAH 3.1 billion in March and UAH 31 billion in February.
“In general, according to operational data, at the end of April 2024, the general and special funds of the state budget received UAH 200.8 billion (UAH 225.9 billion in March and UAH 229.0 billion in February) of taxes, fees and other payments. In addition, about UAH 40.1 billion (in March – UAH 39.0 billion) in the form of ERUs was received by the Pension Fund and social insurance funds,” the ministry added, thanking taxpayers for your contribution to the support of the Ukrainian army and financial stability of the country.
Data on expenditures in April are not yet available.
As reported, the Verkhovna Rada adopted the state budget for 2024 with a deficit of UAH 1.57 trillion, or 20.6% of projected GDP. Revenues of the state budget-2024 are set at UAH 1.77 trillion (not taking into account possible grant aid), expenditures – UAH 3.36 trillion at an average annual exchange rate of UAH 40.7/$1.
State budget-2023 revenues amounted to UAH 2.67 trillion, of which grant aid amounted to UAH 0.43 trillion. Cash expenditures of the state budget for the past year exceeded UAH 4 trillion, and the deficit amounted to UAH 1.33 trillion at an average annual exchange rate of about 36.6 UAH/$1.
Earlier Experts Club analytical center and Maxim Urakin released a video analysis of how the GDP of the world’s countries has changed in recent years, more detailed video analysis is available here – https://youtu.be/w5fF_GYyrIc?si=BsZmIUERHSBJrO_3 Subscribe to Experts Club YouTube channel here – https://www.youtube.com/@ExpertsClub.
BUDGET, decreased in April, EXPERTS CLUB, GDP, MACROECONOMICS, MINISTRY OF FINANCE, TAXES, UKRAINE, URAKIN
