Budget-2007 practically does not support middle and small business in Ukraine and improvement of the regulatory policy. MP of OU faction Anatoly Kinakh has revealed it recently.

He also mentioned that “the draft project provides the national program of entrepreneurship development with UAH 1.8 million which is just 1% out of the average needs. This program is extremely important,” OU press service quoted Kinakh’s statement.

“Budget-2007 is a set back of the last years when the law on the state budget had chaotically and unsystematically changed the tax legislation. In this case we deal practically with an effort to destroy a system of simplified taxation – the powerful source for new work places and small and middle business development. We will not tolerate this that is why we are working on a draft on the improvement of the simplified taxation system,” Kinakh said.


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