exists in ukraine. economy, we are joined by oleksandr bondarenko, managing partner of the bureau of investment programs, good evening, greetings, colleagues, mr. oleksandr, well , i am most interested in what accounts currently exist in the shadow sector of the economy, to what extent business is not working cleanly, not in white, as they say, in the draft law, it is really a shadow problem economy increased during the war, because during economic recessions, during crises, during currencies. these troubles, often in different countries historically, the share of the shadow economy sector grew, and at the moment, according to various estimates, the share of the shadow economy is 35-4%, which is a lot, of course, before the war in the 21st year, i remember , there was a study that somewhere around 18, 19% was the shadow economy, that is, almost twice as much as there. the share of untaxed income has increased twice, so to speak unpaid revenues, expenses not spent by the state on improving our lives with you, and in fact this is a sign of the fact that the economy is moving to shadow mechanisms of financ

oleksandr bondarenko, managing partner of the bureau of investment programs, joins the conversation. evening, congratulations, colleagues, good evening. mr. oleksandr, it is clear that the rate of the government and the rate of the deputies who submitted it are also considering this bill, the filling of the state budget, according to your calculations, how much will it be possible to attract to the treasury and how economically effective is it really initiative? in fact, economically, reservation is a very necessary thing, and delaying its adoption is legal. of the project, it hinders the development of the economy, leads to stachflation, this is when there is moderate inflation and a decline in production processes, that is, products are not produced because there are not enough workers. so, according to our calculations, approximately 200,000 people can be booked according to the mechanics of economic booking, which can give, according to our calculations, from uah 30 to 45 billion. annual additional infusions in the state budget from the corresponding additional military levy, thi

budget. of ukraine, oleksandr bondarenko joins the conversation, managing partner of the bureau of investment programs. good evening. congratulations, colleagues. good evening. mr. oleksandr, well, it is clear that the rate of the government and the rate of the deputies who submitted the draft law, filling the state budget, are also being considered. according to your calculations, how much will it be possible to attract to the treasury, and how economically effective is this initiative? in fact, it is economical. this is a very necessary thing, and delaying the adoption of this bill, it hinders the development of the economy, leads to stagflation, this is when there is moderate inflation and a decline in production processes, i.e. products are not produced, because there are not enough workers, therefore, according to our calculations, approximately 200,000 people, accordingly, can be booked according to the mechanics of economic reservation, it can yes... according to our calculations, from 30 to 45 billion uah of annual additional infusions into the state budget from the corresponding additional mi

the ukrainian economy, we are joined by oleksandr bondarenko, managing partner of the bureau of investment programs, good evening, greetings, colleagues, mr. oleksandr, i am most interested in what accounts currently exist in the shadow sector of the economy, to what extent does business now work not in a clean, white way, as they say in the draft law? indeed, the problem of the shadow economy increased during the war, because during economic recessions, during crises, during currency troubles, often in different countries historically, the share of the shadow sector of the economy grew, and at the moment, according to various estimates, the share of the shadow economy is 35-40%, which is a lot, of course, before the war in the 21st year , i remember. observation that somewhere around 18, 19% was the shadow economy, that is , the share, the share of untaxed incomes, one might say, unpaid incomes, unspent by the state on improving our lives with you, has almost doubled, more than doubled there, and on in fact, this is a sign this is a sign that the economy is moving... to uh, shadow mechanisms of fi

an opportunity to talk with our guest oleksandr bondarenko, the managing partner of the bureau of investment programseconomist, mr. oleksandr, we see you, we congratulate you, we know that you are currently at the international conference on the restoration of ukraine in berlin, greetings, greetings, greetings, colleagues, good afternoon from berlin, well, first of all, we would like to ask you about the feedback related to the absence of mustafa nayem, so we understand that in ukraine this story caused an extremely... serious public resonance, or there was appropriate feedback in germany, and whether similar things were discussed in general, we understand that the conference is devoted, well , first of all, to strategies for the reconstruction and restoration of ukraine, but the story is also about trust in our institutions, in our officials, because we understand that they are money are not transmitted by themselves, but with the help of certain procedures to certain target programs. you have a word. i will digress a little, because... the sound is interrupted, colleagues, look, in fact, a very pow

thank you oleksandr bondarenko, managing partner of the bureau of investment programs economist, was in touch with us from berlin. he is currently at an international recovery conference, it's time for news on espresso, so we pass the floor to our colleagues. annayeva melnyk is ready to share with us all the most important information as of this moment. anna eva, we congratulate you and ask you to tell us briefly what you managed to find out. greetings, colleagues, thank you for your work. the news team is working, about the main thing let's talk, in particular, about the shooting in the lviv region, in the middle of the street, what is the situation with electricity, and unfortunately, we have hit important objects in zaporizhzhia, about all this later, stay with espresso. they aimed at the object of critical infrastructure. today is the day the russians attacked zaporizhzhia, as the head of the regional military administration ivan fedorov informs, there is damage, no people were injured. and to the situation with electricity. as reported by the department of police, the situation

bureau prepares for the 2030 census. the department continues to implement key components of the bipartisan chips and sciences act and the infrastructure investment and jobs act. programs under these acts will expand broadband access across the country and revitalize america's competitive edge and semi research, development, and manufacturing. so i look forward to hearing further about these issues and others, and i thank you, adam secretary, for your ongoing work in for your presence and testimony today. i yield back. >> we will now recognize our witness, secretary raimondo, or an opening statement. without objection a written statement will be entered into the record. welcome to the subcommittee. sec. raimondo: thank you, good morning to all of you. special thank you to joe rogers, ranking member cartwright. thank you for this opportunity this morning to discuss the president's budget, and i want to say thank you for your strong support of the department in a bipartisan way. we have received excellent support from your committee, and i want to say thank you for that. as you have said the commerce department is implementing major initiatives authorized by congress thr