The defense budget currently faces a funding gap of $27 billion. The Government and all state authorities are working to secure the necessary financing. This was announced by Prime Minister Sergii Koretskyi. According to him, the Government plans to cover part of this amount – around $7 billion – through strict fiscal discipline. “This includes…
Deputy Prime Minister Mher Grigoryan received a delegation led by Alexander Tieman, head of the International Monetary Fund’s (IMF) mission to Armenia. During the meeting, the parties discussed issues raised within the second review of the IMF-supported Stand-By Arrangement (SBA). The discussion also covered macroeconomic developments and fiscal policy. In this context, the deputy prime…
Taxpayers paid UAH 128.96 billion in military tax to the budget in January-August. This is 24.8% more than for the corresponding period last year. Then the revenues amounted to UAH 103.3 billion. More than 2 million payers paid the military tax. The growth of revenues is an important component of the state’s financial capacity in…