12:45 15.11.2014

Government insists on tax and budget reforms, despite difficult budget and war – premier

1 min read

The national budget for 2015 in the continuing war conditions will be difficult and stringent, but the government is insisting on tax and budget reforms as a prerequisite for a future economic growth, Prime Minister Arseniy Yatseniuk has said.

"We are taking this risk to withdraw the economy from the shadow. This will become a prerequisite for a future economic growth," he said at a press conference in Kyiv.

Yatseniuk noted that the government sees the possibility of such an economic growth not earlier than in 2016.

He noted that the tax reform foresees reducing the number of taxes, cutting their rates, especially on a single social contribution.

Speaking about the national budget for 2015, the premier said that "nobody will succeed in playing populism."

Yatseniuk reiterated that the economy today is totally dependent on the war.

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