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Legalization of gambling in Ukraine to replenish state budget by more than $120 million, - PM

The government expects Verkhovna Rada to support the bill on the legalization of gambling
14:15, 5 November 2019

Cabinet of Ministers of Ukraine
mpe.kmu.gov.ua

Cabinet of Ministers of Ukraine expects Verkhovna Rada to support the bill on the legalization of gambling. As a result, the state budget will be replenished with additional revenues. Prime Minister of Ukraine Oleksiy Honcharuk said this during a briefing, broadcasted by 112 Ukraine TV Channel.

"We are looking forward to Parliament supporting the gambling bill, removing these vending machines from the streets, which will create so much misery for people and take money out of them. At the same time, we anticipate that a normal civilized gambling system, which will be taxed properly, will be created," Honcharuk said.

Related: Zelensky meets leadership of Japan Association of New Economy

According to him, the legalization of gambling will be able to bring over 120 million dollars to the state budget.

As we reported earlier, the Cabinet of Ministers of Ukraine plans to minimize the country’s expenses each year, and it has already managed to cut them by 10%.

Prime Minister of Ukraine Oleksiy Honcharuk said that the general budget’s expenses for 2020 are 48,1 billion dollars. The main item of expenses is the servicing of the national debt – 5,6 billion dollars.

Related: Volume of cash transfers to Ukraine from migrant workers may reach $12 bln, - Ukraine’s Ministry of economic development

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