LPR eight-month budget revenue plan 107 percent fulfilled - Finance Ministry

The Lugansk People’s Republic has shown 107.8 percent budget revenue target achievement in the first eight months of this year, the LPR Finance Ministry reported.   “In January through August 2022, the tax and non-tax revenue plan for the LPR state budget has been 107.8 percent fulfilled,” the report said. Income tax accounted for the largest share of budget tax and non-tax revenue (31.1 percent, up 51.2 percent year-on-year), followed by profit tax (14 percent, up 71.3 percent YoY), and import duty (13.9 percent, up 36.7 percent YoY).   Earlier, the LPR Finance Ministry said that the Republic posted 105.2 revenue target achievement in the first seven months of 2022; in 2021, LPR’s tax revenue target achievement reached 111.3 percent. *i*ie  

 

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