“Tax increase is the story that we inevitably have to come to” - Minister of Finance
Kyiv • UNN
Sergii Marchenko said that it is necessary to increase taxes to finance the security and defense sector. The Ministry of Finance is looking for a compromise with the Parliament on the tax increase that will be acceptable to society and business.
Ukraine is currently forced to revise its budget and increase spending on the security and defense sector. Therefore, tax increases are inevitable in the country. This was stated by the Minister of Finance of Ukraine Sergii Marchenko in an interview on the air of a telethon, UNN reports .
War is quite voracious, it consumes everything. And the fact that we are now spending 2.2 trillion hryvnias on the security and defense sector is already a challenge that we have to respond to. Therefore, tax increases are the story that we will inevitably have to come to
According to him, the Ministry of Finance is looking for a compromise with parliamentarians on tax increases. Marchenko believes that in the near future the parties will come to a compromise proposal that "society and business will be ready to accept".
Marchenko said that Ukraine will now have to revise the budget and increase spending on the security and defense sector.
"We have no other choice. And with the sources, how we will do it, I think we know a compromise and will come up with an acceptable option that will ensure the interests of both the military and the economy," Marchenko said.