The Ministry of Finance is ready to compromise the design of tax measures to find 120 billion Hryvnia.
It is impossible to avoid an increase in taxes, because all other sources for increasing funds for the defense sector have been exhausted, however, the Ministry of Finance is ready to ask for a compromise with the business in search of the design of the tax proposal. Finance Minister Sergei Marchenko announced this on Facebook.
According to him, the issue of finding 120 billion hryvnias to provide the Defense Forces is an absolute necessity. The decision must be made before September.
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Marchenko noted that now the state is faced with a priority task – to find the best option to finance the additional needs in the security and defense sector in 2024. And provide the resources needed by the Defense Forces in 2025.
The bill proposed by the Ministry of Finance provides funding of 500 billion hryvnias in 2024 for the security and defense sector. Of these, 120 billion UAH are proposed to be financed through tax measures, the rest – through internal borrowing, which exceeds the current revenues of the state budget, including through the shadow.
“Now this step has forced all other sources for increasing funding for the Defense Forces we have exhausted the proposals from all interested parties and are ready to ask for a compromise on the design of the measures on tax The decision must be made before September,” he wrote to Marchenko.
Let us remind you that the budget deficit of Ukraine is 500 billion Hryvnia. If the Verkhovna Rada does not support the government’s tax package, problems with paying the military may arise in September.
Source: korrespondent
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