Ukraine’s Q1 defense spending surges, tax revenue beats targets

MoD spent $5.8B of international aid in Q1, over twice Q1 2024’s $2.7B. Tax revenues beat targets by 14.3% ($1.5B), boosted by a 43.7% jump in personal income tax and military fees, plus higher corporate and excise taxes – key for funding Ukraine’s defense. 2/

→ View original post on X — @mylovanov

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *