Hetmantsev proposes mandatory purchase of military bonds by the population

The head of the Tax Committee of Ukraine’s Verkhovna Rada, Danylo Hetmantsev, has proposed discussing the introduction of a mandatory purchase of military bonds by the public.

“I believe there is still potential to further increase the volume of placements among banks, as well as legal entities and individuals,” he wrote.

Hetmantsev cited the example of Israel, which in the 1970s implemented a long-term mandatory military loan, requiring 7% of taxable income to be allocated for the purchase of military bonds.

“Whether a similar mandatory savings scheme can be implemented in Ukraine (strictly for wartime and exclusively for funding security and defense forces) is a matter for deep political, public, and professional discussion,” Hetmantsev noted.

Earlier, Alexander Mamaluy, a deputy head of the Supreme Court of Ukraine and a major in the Armed Forces of Ukraine, stated that Ukraine is on the verge of introducing labor conscription.