Ukraine’s Zelenskiy discloses income to promote transparency.

Ukrainian President Volodymyr Zelenskiy has taken a significant step towards promoting transparency and eradicating corruption by publicly disclosing his income over a two-year period. Zelenskiy’s income for 2021 and 2022 was revealed on the presidential website, highlighting a decline in earnings, particularly in 2022 due to the Russian invasion of Ukraine.

This marks the first time Zelenskiy has publicly declared his income, as he aims to set an example for other public officials. In 2021, prior to the invasion, Zelenskiy and his family reported an income of 10.8 million hryvnias ($286,168), reflecting a decrease of 12 million hryvnias from the previous year. Notably, this figure included income generated from the sale of $142,000 worth of government bonds.

In 2022, the Zelenskiy family’s income further declined to 3.7 million hryvnias, primarily due to reduced rental income from their real estate holdings as a result of the ongoing war.

Zelenskiy’s call for public officials to disclose their incomes aligns with Ukraine’s efforts to enhance transparency and combat corruption as it pursues EU membership. The president’s commitment to transparency has been sought after by Western allies, who have provided support in the form of weaponry and financial assistance. Additionally, international bodies like the International Monetary Fund have emphasized the importance of Ukraine’s anti-corruption initiatives.

To reinforce transparency measures, Ukraine’s National Agency on Corruption Prevention recently reopened a register on declared income, enabling public scrutiny.

Through his actions, President Zelenskiy is setting a precedent for accountability and integrity, as Ukraine strives to meet the stringent requirements for EU integration.

Ukrainian President Volodymyr Zelenskiy has publicly disclosed his income over a two-year period in an effort to promote transparency and combat corruption. Zelenskiy reported a decline in income in 2021 and 2022, with the latter being impacted by Russia’s invasion of Ukraine. In 2021, his family reported an income of 10.8 million hryvnias ($286,168), while in 2022, it fell further to 3.7 million hryvnias due to reduced rental income from real estate. Zelenskiy’s move comes as Ukraine aims to meet the requirements for joining the European Union and address concerns about corruption from Western allies and international bodies. The disclosure was made following the reopening of Ukraine’s National Agency on Corruption Prevention’s register on declared income.

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