Subsidies system is much manipulated — Kosyuk

Today, manipilations with subsidies are widely spread in Ukraine, says Yuri Kosyuk, founder and CEO of Myronivsky Hliboproduсt (MHP), in his blog for EPravda.

"The system operates on the principle of "pay more taxes — get more support." Mainly those who want to get a lot from the state, but do not want to pay taxes, manipulate this topic," he states.

Yuri Kosyuk referred to the recently published by the SFS list of 100 largest taxpayers in Ukraine over the past year. Among them there are only 2 agrarian companies and both are part of MHP.

"I believe that the time will come when everyone will pay taxes with no exceptions, and the principle of distributing state subsidies, which lies in "pay more to the state or invest in the industry — get more support" will bring the business into the open," he adds.

The Chairman of the MHP offered to develop at the state level a separate budget program on a simplified procedure for the participation of medium and small agricultural producers, which could be a strong impetus for them.

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