President Kuchma declares 1996 income of $7,300

KYIV - President Leonid Kuchma has declared a 1996 income equivalent to just over $600 a month, Interfax-Ukraine reported on March 15. Mr. Kuchma sent a declaration to tax authorities that stated he earned 13,355 hryvni ($7,300 U.S. at current exchange rates) last year.

He also declared a dacha, or country home, worth $8,000 near his eastern industrial hometown of Dnipropetrovsk. The average salary in Ukraine is about $80 to $90 per month. The president "had no other income except that connected to carrying out his main duties. He has no incomes linked to business activities or from abroad,'' the agency said.

Copyright © The Ukrainian Weekly, March 30, 1997, No. 13, Vol. LXV

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