Zelensky Signs Bill to Extend Military Tax Collection Deadline
Ukrainian President Zelensky signed Bill No. 15110 on the 14th, which stipulates the continued collection of a 5% military tax for three years after the conflict ends. It is reported that this measure is one of the conditions for the International Monetary Fund to continue providing financial assistance to Ukraine. The Ukrainian Ministry of Finance stated that this move is expected to increase the national budget by more than 140 billion hryvnias, which will be used for defense, reconstruction, and infrastructure.
(CCTV reporter Wang Jinyan)
Ukrainian President Zelensky signed law No. 15110 on October 14, extending the military tax collection period for three years after the conflict ends. The law mandates a 5% military tax, which is a condition for continued financial assistance from the International Monetary Fund. This measure is expected to increase Ukraine's national budget by over 140 billion hryvnias for defense, reconstruction, and infrastructure projects.
- Ukrainian President Zelensky signed law No. 15110 on October 14.
- The law extends the military tax collection period for three years after the conflict ends.
- The tax rate is set at 5%.
- This measure is a condition for continued financial assistance from the International Monetary Fund.
- It is expected to increase Ukraine's national budget by over 140 billion hryvnias for defense, reconstruction, and infrastructure.