16:15 15.09.2014

Government expects parliament to adopt package of tax and budget reforms on Sept 16 - PM

1 min read
Government expects parliament to adopt package of tax and budget reforms on Sept 16 - PM

The Cabinet of Ministers will not table in parliament a bill on Ukraine's state budget for 2015 without the adoption of a package of economic and fiscal reforms, Ukrainian Prime Minister Arseniy Yatseniuk has said.

"We have prepared two versions [of the draft state budget for 2015]. The first version is based on the current taxation system, in accordance with the current budget legislation. As for the second version, I can clearly state that the common position of the entire Cabinet of Ministers is that on the basis of the current taxation system and without conducting tax reform, reform of a single social contribution and budget reform, the government will not submit the [draft state] budget, as this will be a budget of economic downturn," Yatseniuk said, while opening a government meeting on Monday.

He also called on MPs to urgently consider a package of the necessary reforms on Tuesday, September 16.

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