Ukraine's parliament approves austerity laws needed for draft budget


  • World
  • Monday, 29 Dec 2014

Ukraine's Prime Minister Arseny Yatseniuk speaks to deputies as he presents a work plan of his government during a parliament session in Kiev, December 11, 2014. REUTERS/Valentyn Ogirenko

KIEV (Reuters) - Ukraine's parliament backed on Sunday the final reading of laws that will simplify tax legislation and impose additional duties on imports, improving the chances a 2015 budget will be approved soon as required by the country's Western backers.

Voting was delayed as deputies debated the merits of the amendments, with some arguing they unfairly increase prices for Ukrainians, many of whom are already struggling to make ends meet as the economy teeters on the edge of bankruptcy.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Britain's Cameron, in Kyiv, promises Ukraine aid for 'as long as it takes'
Exclusive-Russia is shipping oil to North Korea above UN mandated levels
EU official calls Georgia's 'foreign agents' bill unacceptable
Awaiting US aid, Ukraine's gunners fire sparingly at advancing Russians
California police move in to dismantle pro-Palestinian protest camp at UCLA
Residents fear for safety as Indonesia's Mount Ruang volcano erupts
India deports Myanmar refugees who fled 2021 coup
Trump hush-money trial judge signals he may fine him again over gag order
Tesla interns say offers are getting revoked weeks before their start date
SNP lawmaker Swinney launches bid to become Scotland's new leader

Others Also Read