Kvyat to race at home F1 GP in Sochi with new helmet design depicting him riding torpedoSport April 27, 21:43
Maria Sharapova gets into quarterfinal of tournament in StuttgartSport April 27, 21:16
Russia, Japan to hold bilateral year of culture in 2018World April 27, 20:49
Angela Merkel’s visit to Moscow – pragmatism above all elseRussian Politics & Diplomacy April 27, 19:18
Japanese businessmen and officials to visit South Kuril Islands in summerWorld April 27, 18:46
Putin, Abe call for quickest restart of talks on Korean settlementRussian Politics & Diplomacy April 27, 18:32
Russian diplomat accuses White Helmets of supporting terrorismRussian Politics & Diplomacy April 27, 17:54
Putin's spokesman warns against attempts to hold unauthorized rallies in MoscowRussian Politics & Diplomacy April 27, 16:43
Russian Foreign Ministry says situation on Korean Peninsula is degradingRussian Politics & Diplomacy April 27, 16:42
KIEV, December 25. /TASS/. Ukraine’s parliament, the Verkhovna Rada, has resumed the evening session to adopt the state budget for the next year.
Parliament Speaker Vladimir Groysman said 302 MPs are present in the session hall. The deputies earlier decided to work "until the agenda of the day was fulfilled and to complete the work on adopting the budget."
The necessary amount to adopt the budget is 226 votes. Meanwhile, several factions in the parliament have already announced that they would not vote in favor of the budget.
Ukraine’s state budget for 2016 is based on a new draft Tax Code, as recommended by the International Monetary Fund (IMF). Both documents were presented in the parliament on December 17 and both came under criticism from nearly all parliamentary factions. As a result, the documents were referred back to the Rada’s tax and customs policy committee.
After a series of failed presentations of the budget and the Tax Code, the International Monetary Fund urged Ukraine to pass the budget in conformity with its recommendation otherwise it warned it would suspend the program of international financial assistance.
On Thursday, the MPs resumed the consideration of the changes to the Tax Code. The draft tax reform is considered as compromise as it is based on the government’s proposal and takes into account the recommendations of the parliamentary committee for tax and customs policy.