When Ukrainians trust in the domestic stock market, foreigners will come to it as well, director of the department on foreign currency reserve management and operations implementation in the open market of the NBU Oleksandr Dubyhvist said during the debate "Taxation of securities trading: how to fill the budget and not to kill the stock market?" ForUm correspondent reports.

In particular, he reminded that the Ukrainian issuers enter the stock markets of Poland, as "we do not have this market."

"It is not an argument that we do not have the stock market, so there are no foreigners on it. Let's look at our population, which now has 40 billion individual deposits in the banking system," he said.

Dubyhvist also noted that Ukrainians do not buy bonds because of imperfect legislation, which allows not paying dividends.

According to him, public securities transactions will become more profitable after the improvement of the law, thus pricing will become transparent, and the dividends will be paid.

As an example, he cited the currency treasury bills of the Finance Ministry for individuals.

"When the Finance Ministry created a liquid instrument with the presence of the obligations of the State Bank (Oschadbank - Ed.,) able to support two-way quotes - people understand that they will return their money and all financial processes are transparent.

As a reminder, in October, the government introduced the bill "On amendments to the Tax Code of Ukraine on further improvement of the taxes and fees administration."

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