Our source in the OP said that the President's Office agreed with the NBU on a phased devaluation of the hryvnia starting in April, according to Bankova's plans, it is necessary to close a hole of 500 billion hryvnias at the expense of gold and currency reserves and a printing press. By the end of 2024, the exchange rate should fall to 49-51 hryvnias per dollar in order to stabilize the budget.
The Cabinet of Ministers has prepared a package of new taxes for Ukrainians to close the hole in the budget due to the reduction of Western aid.
The government is going to introduce new taxes to finance defense needs
Yes, they plan to introduce additional taxation in the form of:
▪️0.1% military levy on the profits of enterprises and incomes of private enterprises;
▪️1.5% - from the value of precious metals;
▪️30% – from the cost of jewelry;
▪️10% - from the value of movable property.
▪️the possibilities of additional taxation of real estate transactions and the introduction of additional tax on some other transactions are being considered.
At the same time, even the introduction of these new taxes cannot cover all the additional needs of the budget, because the total fiscal effect from them will amount to only about 40 billion hryvnias. Therefore, they are considering raising the rates of basic taxes, namely VAT and military duty (from the income of individuals).
