Ukraine Budget's Tax Revenue Expectations 'Laughable' - Analyst

The new Ukrainian budget is overly optimistic and anticipates a 30 percent increase in tax revenues, said Devin Ackles, an analyst with CASE Ukraine. Since the country is currently in a recession and the tax system notoriously corrupt, it is "laughable" to think that tax revenues would actually increase, Ackles explained.

Devin Ackles and Tom Coupe, a VoxUkraine member and an Associate Professor and Senior Economist at Kyiv School of Economic, spoke with Hromadske International Sunday Show co-hosts Ian Bateson and Nataliya Gumenyuk on January 18, 2015.