35 C
Delhi
Saturday, March 14, 2026

IMF official backs Ukraine plan to raise taxes

Date:

Share post:

Kiev: The head of the International Monetary Fund (IMF) mission in Ukraine, Gavin Gray, supported the Ukrainian government’s plans to raise taxes, Ukrainian media reported on Tuesday.

On July 18, Ukrainian lawmaker Yaroslav Zheleznyak said that the government had prepared a bill on raising taxes which, in particular, proposed raising the military tax rate.

On the same day, Taras Melnychuk, the Ukrainian government’s representative to the parliament, said that the government had approved a bill providing for an increase in defence spending by 495.3 billion hryvnia ($12 billion).

On August 1, Ukrainian Finance Minister Sergii Marchenko said that the sources for increasing funding for the country’s armed forces had been exhausted, and that raising taxes was necessary.

Related articles

The Gulf, Hormuz & the Oil Game — What It Means for Bharat

Some time ago, in my earlier analysis in The Goa Chronicle, I had written about the strategic importance...

Security breach at Kerala Secretariat: Trio blames Google Maps

Thiruvananthapuram: In a major security breach, three car travellers entered the high-security zone of the Kerala Government Secretariat...

Jai Anmol Ambani to join CBI probe for second consecutive day in Rs228 crore bank loan fraud case

New Delhi: Jai Anmol Ambani, son of Anil Ambani, will join the investigation for the second consecutive day...

Cooking gas shortage: KTM calls for urgent intervention

Kochi: The shortage of commercial cooking gas cylinders is pushing the state’s tourism and hotel sector into a...