Kyiv, Ukraine, Oct 10, 2024 (AFP) - Ukraine approves first major tax hike since invasion

NAMPA / AFP

2024-10-10

Ukraine's parliament on Thursday approved its first major tax hike since Russia's invasion, a move lawmakers hope will plug the deficit as military expenditures soar. Moscow's war has battered the Ukrainian economy over the last two and a half years, causing tens of billions of dollars in destruction, punching a huge hole in state finances and forcing Kyiv to rely on Western aid to keep itself afloat. The law adopted Thursday imposes an effective......

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