Ukraine imposes first wartime tax hikes to fight Russian invasion


  • World
  • Friday, 29 Nov 2024

Ukrainian President Volodymyr Zelenskiy attends a press conference with Denmark's Prime Minister Mette Frederiksen (not pictured), on the 1000th day of Russia's full-scale attack on Ukraine, at the presidential palace in Kyiv, Ukraine, November 19, 2024. Mads Claus Rasmussen/Ritzau Scanpix/via REUTERS/File photo

KYIV (Reuters) - President Volodymyr Zelenskiy signed into law on Thursday Ukraine's first wartime tax increases as the war against Russia reaches its 34th month.

Finance Minister Serhiy Marchenkko said that the bill was vital to ensure smooth funding for the Ukrainian defence sector next year. The changes will take effect from Dec. 1, he said.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Number of migrants stopped entering US from Canada drops to multi-year low
Mexico cooperating with U.S. but more work needed on drugs, says Rubio
Philippines' Duterte to have first hearing at ICC on Friday
Portugal's president disbands parliament, calls election on May 18
U.S. stocks close lower
U.S. to see significant severe weather into weekend
Ukraine's Zelenskiy says Putin does not want ceasefire
Mexicans hope uncovered mass grave sheds light on missing relatives
2nd LD Writethru: Death toll of train-minibus crash in NE Egypt rises to 10
US long-range bombs headed to Ukraine as ATACMS supply dwindles

Others Also Read