Prime Minister of Ukraine Volodymyr Groysman counts on the approval of the draft state budget in general until December 10. This statement was issued by the Prime Minister during the session of the Government and relevant instructions were given to the Ministry of Finance of Ukraine and to the members of the Cabinet of Ministers of Ukraine, who will be preparing the draft for the second reading in the Parliament.

"I would like the budget to be endorsed in the first decade of December," the Prime Minister underscored.

He thanked the President of Ukraine, members of the Parliament, officials for quality work on drawing up the draft state budget and the approval in the first reading.

Background

The Verkhovna Rada of Ukraine gave first reading to the draft state budget for 2018 offered by the Government and elaborated within the framework of three-year budget planning that takes into account the recommendations of international financial organizations, and prepared on the expectation of a 2.4% deficit with a forecast inflation rate of 7% and growth economy 3%. A respective resolution was backed by 260 lawmakers.

For more detailed information please see the following link: http://www.kmu.gov.ua/control/en/publish/article?art_id=250422911&cat_id=244314971.