FIGHTING THE SHADOW ECONOMY AND TIGHTENING CONTROL OVER CASH PAYMENTS

Abstract

The article examines the issues of combating the shadow economy and tightening control over cash transactions as a tool to enhance financial transparency and tax compliance. The study analyzes the scale of the shadow economy, methods of cash control, and their impact on legal business and budget revenues. The research shows that digitalization of financial flows, the adoption of cashless payments, and educational programs for entrepreneurs increase the effectiveness of control measures and reduce the risk of business operating in the informal sector. Recommendations are provided for improving the regulatory framework, promoting cashless payments, and adopting a comprehensive approach to combating the shadow economy.