The Cabinet of Ministers proposes the Verkhovna Rada to abandon VAT rate cuts in 2014. First deputy head of the Administration of the President of Ukraine Iryna Akimova told this journalists, commenting on the government’s approval of the draft state budget for 2014.

"The Cabinet proposed to postpone the value added tax cuts," she said.

Akimova called such a proposal quite reasonable, taking into account the state of economy in the country.

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