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"The Ministry of Finance has developed its draft [tax reform], and the parliamentary committee has its own draft [tax reform], but we will have a single draft document," Yatsenyuk said, adding the government is ready to seek a full compromise on this issue.

"I am confident that, with such an approach, we will not only find a compromise, we will introduce a new tax reform for the country, more incentives for Ukrainian businesses to create jobs and pay taxes," the Prime Minister said.

Read alsoNational Reform Council insists on acceleration of tax reform"We will have the balanced budget for 2016, and will be able to cover all the expenditures on the national security, defense and social welfare. We will be able to balance it in a way that this budget meets the highest standards of financial stability."

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As UNIAN reported earlier, the National Reform Council recommended that the Government and the Parliament accelerate the tax reform implementation and adopt the necessary package of documents to change tax rates effective from January 1, 2016.