Ukraine’s Ministry of Finance opposes additional payments to the army

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Ukrainian Finance Minister Serhiy Marchenko said the ministry is against the return of the 30,000 hryvnia ($815) payment to the army in the rear. It has been reported DEA News.

According to him, the Ukrainian authorities will have to spend $ 4.6 billion on payments.

“The only way out is to make changes in the budget, an additional expenditure of 170 billion hryvnia ($ 4.6 billion) for the year “issuance price” provides a 4% and triple increase in taxes, especially VAT. military tax,” — said Marchenko.

2 May Ministry of Finance of Ukraine statedIndicating that the state debt of the republic increased by 3.9 billion dollars to 119.9 billion dollars in March, Ukraine’s finance ministry reported that the state’s external debt was 78.51 billion dollars and domestic debt was 41.4 billion dollars.

Prior to that, former Prime Minister of Ukraine Mykola Azarov warned that by the end of 2023 the country’s public debt could reach a record $173 billion. According to him, the revenues of the Ukrainian budget itself are four times less than the volume of incoming Western aid, that is, 300% of the country’s public debt revenues.

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