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  • Volodymyr Groysman: We have adopted the budget and we will enter 2018 with confidence
    posted 08 December 2017 08:00

    The timely adoption of the 2018 State Budget Law will allow the Government to gear up for all financial innovations and enter the new year with confidence, told Prime Minister of Ukraine Volodymyr Groysman on air of 112.ua TV channel.

    He thanked the parliamentarians for their support and stressed that the budgeting process has actually completed "the autumn of reforms", which should now ignite "the spring of changes" and the adoption of further crucial decisions for the state aimed at accelerating economic growth.

    "In 2018, it is vital to adopt a series of decisions allowing us to improve the economy’s performance," the Head of Government emphasized. He reminded that separate initiatives in need have already been endorsed. First of all, it concerns introducing of VAT deferral when importing equipment to modernize industry and reduce rent in gas production. Meanwhile, this work needs to be prolonged.

    The Prime Minister drew attention to the fact that economic recovery will be the pledge to raising social standards, primarily the minimum wage as was proposed by the President and Parliament at the level of UAH 4100-4200.

    "And our challenge is to increase an average salary rate up to 10 thousand UAH. The current showing is UAH 7,400. The essential thing is to make the economy cover these expenditures", added the Prime Minister.