Business news from Ukraine

UKRAINE SPENDS ABOUT $10 BILLION FOR A MONTH OF HOSTILITIES – MEETING WITH ZELENSKY

2 April , 2022  

According to the Ministry of Finance, the expenses of the Ukrainian state for a month of hostilities amount to approximately $10 billion, such figures were announced at a meeting held by President of Ukraine Volodymyr Zelensky with the economic bloc of his Office and the Cabinet of Ministers.
“At the meeting, they discussed sources of financing expenses, in particular, their own tax revenues and assistance from Ukraine’s international partners. In the same context, they touched upon the prospects for switching to a simplified taxation system scheduled for April,” the press service of the head of state said.
The meeting participants also discussed the sowing campaign, including the provision of fuel to farmers. Ways were considered to diversify fuel imports and protect Ukraine’s energy infrastructure from bombing by the Russian army.