Zelensky could sign off budget, law on tax increase in coming days

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President Volodymyr Zelensky may sign the state budget 2025 and the law on tax increase in the upcoming days.

Prime Minister of Ukraine Denys Shmyhal announced this on national television, Ukrinform reports.

“Both the law on the state budget 2025 and the law on amendments to the Tax Code will be signed in the coming days,” he informed.

The head of government emphasized that passing the tax law is one of the main requirements of Ukraine’s lender, the International Monetary Fund.

The Cabinet has already appealed to the President’s Office and President Zelensky, calling on both bills to be signed into law as soon as possible.

Read also: Over UAH 224B provided for reconstruction projects in Ukraine’s state budget for 2025

Shmyhal stressed that both laws are also important from the point of view of filling all expenditure items for the country’s defense with funds both this year and next.

“We hope that in the coming days, both laws will be signed and we will receive additional resources to fund salaries, as well as funds for the purchase of weapons and ammunition for our country’s defense. Both laws are key to our survival next year. The requirement to fund military allowances is critical,” he noted.

Read also: Ukraine allocates UAH 1.6T for defense sector in Jan-Oct 2024

As Ukrinform reported earlier, on October 10, the Verkhovna Rada adopted Bill 11416d on increasing taxes.

On November 19, the Rada passed the law on the State Budget of Ukraine for 2025.


Source: Zelensky could sign off budget, law on tax increase in coming days

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