Friday, November 1
The Ukrainian parliament proposes an alternative plan to cover the ₴500B defense deficit.
Tuesday, September 3, 2024
The budget committee of the Verkhovna Rada proposed and provided support for its solution to raise funds for the Defense Forces: reducing debt expenditures, placing bonds, and exceeding the tax collection plan, stated the head of the committee, Roksolana Pidlas. She compared the government’s draft law and the approved committee version:
- An approximate ₴115.4B reduction in expenses for maintenance and repayment of state debt (in the government’s version – ₴125.6B)
- A plan to attract ₴216B to the budget from the placement of OVDP (compared to ₴160B in the government version)
- The budget will receive another ₴100B from the overpayment of taxes and fees (against ₴76B)
- Approximately ₴12.7B will come from fuel and tobacco excise tax revenue (previously ₴13.7B)
- Approximately ₴30B from expected revenues generated by new tax changes (previously ₴125B)
- ₴25.5B will come from reduction or rejection of new expenditures from the general and special funds