All taxes received by the budget will go to the defense – Shmyhal

The Prime Minister stated that the money will be spent on new weapons, new equipment and better materials for the Ukrainian army.

All taxes paid by citizens and businesses will go to the defense and security of Ukraine. This was announced today, March 14, by Prime Minister Denys Shmyhal.

He said that according to the action plan, all taxes paid by citizens and businesses will go specifically to defense and security, “to new weapons, new equipment and better materials for the Ukrainian army.”

According to the Prime Minister, this document will systematize the work of the Cabinet and central executive authorities, and will also impose greater responsibility on all of us because each item has specific implementers and deadlines.

“The government’s action plan consists of more than 500 tasks. These are bills, resolutions, programs and projects,” the head of government said.

Meanwhile, on Monday, March 13, the Cabinet of Ministers of Ukraine supported a bill to increase state budget expenditures by UAH 537 billion.

Previously Focus In his article “Record price increase, devaluation, collapse of wages. The main figures of the Ukrainian economy-2022” he detailed how Ukraine earned and spent money last year.

We also recall that from the beginning of the full-scale invasion of the Russian army to the end of 2022, the Ukrainian state budget spent UAH 2.2 trillion. At the same time, a third of the money was paid to military personnel.

Source: Focus

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