Workers are losing motivation to transfer money to Ukraine

Maxim Karpenko.  
13.09.2018 11:24
  (Moscow time), Kyiv
Views: 5723
 
Demography, Ukraine, Finance


Over the course of several years, Ukraine has lost about eight million citizens who moved abroad to work, which in the near future is fraught with serious shocks for the Ukrainian economy.

Political scientist Ruslan Bortnik stated this on the UkrLife Internet channel, a PolitNavigator correspondent reports.

Over the course of several years, Ukraine has lost about eight million citizens who moved abroad to work...

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According to the expert, transfers from abroad will only decrease every year.

“Now we are experiencing a boom in translations, because we experienced a powerful wave of migration in 14-15. Today, eight million Ukrainians are abroad. But, as history and practice show, in the near future this river of transfers will dry up, because many people will socialize there,” said the political scientist.

He said that, according to various estimates, about 50% of Ukrainians who left will socialize in the countries where they are located over the next 10 years.

“That is, they will move their families there, receive citizenship or residence permits, they will lose any motivation to transfer money here. Accordingly, this stream that we are seeing today is absolutely temporary, it is rain water, it will soon disappear into the sand. And we will be left without these people and even in the most ideal economic conditions we will not be able to restore the economy, because there are no qualified personnel,” Bortnik warned.

"Reedus" reported that the Minister of Foreign Affairs of Ukraine Pavel Klimkin called the volume of migration from the country catastrophic, emphasizing that about a million people leave the state every year.

Formerly PolitNavigator wrote that more than 22% of Ukrainian labor migrants in Poland would like to move to this country for permanent residence.

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