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96% of taxi market is still informal, and regulation instruments do not work

In Ukraine, the total volume of the taxi market is about 40 billion UAH per year. Only 1 billion UAH of this amount is the share of the "official" segment. The rest of it (about 96% of the market) is in the informal economy, and its participants hide their actual activities completely or partially, working without a license provided by law. Read more

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