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Tax increases now under discussion in the parliament in Kiev are essential if Ukraine is to repel the Russian invasion launched in 2022, Finance Minister Serhiy Marchenko said on Friday. “Tax increases in Ukraine are a necessary step,” the minister said at an event in the capital. “This decision will affect business, but other options have been almost exhausted.” The country could no longer finance new expenditure by issuing domestic bonds, as these revenues were only sufficient to service old bond debts, Marchenko underlined. Moreover, foreign financial aid is becoming increasingly uncertain,…

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