What should taxes be like in Ukraine?
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In 2022, state budget expenditures reached an unprecedented 57% of GDP.
Less than half of these expenditures were covered by own tax revenues. Grants made up 10.2% of GDP, while financing the deficit accounted for another 19.3% of GDP. Overall, the so-called "fiscal gap" in 2022 amounted to approximately 29.5% of GDP. This year, the situation is expected to remain very similar. The dependence on external financing is unprecedented.
How and when can Ukraine return to financial self-sufficiency?
What should the tax system look like after the war? What should be the optimal tax burden?
Speakers:
Konstantin Shvabyi, expert, Growford Institute;
Volodymyr Dubrovskyi, senior economist, CASE Ukraine.
Moderator: Dmytro Boyarchuk, Executive Director of CASE Ukraine
The discussion is organized by the Center for Social and Economic Research CASE Ukraine. Supported and in partnership with the leading business online publication "Economic Truth".
This event is presented by CASE Ukraine as part of the project "Join In! Community Activity Promotion Program," funded by the United States Agency for International Development (USAID) and implemented by Pact in Ukraine.
The content of the event is solely the responsibility of Pact and its partners and does not necessarily reflect the views of the United States Agency for International Development (USAID) or the U.S. government.
#economics #taxes #Ukraine
