We exert every effort to ensure that the financial support of partners continues in 2023, assures Denys Shmyhal

In 2023, according to the draft budget, the state's budget revenues will amount to UAH 1.28 trillion, while expenditures are planned at the level of UAH 2.57 trillion. This was announced by Prime Minister Denys Shmyhal during the Government session on September 13.

"We estimate the monthly budget deficit for next year at more than USD 3 billion. Our international allies already help us finance more than a third of the budget. For our part, we exert every effort to ensure that the financial support of our partners continues in 2023. And we definitely cannot afford additional non-targeted expenses," the Head of the Government emphasized.

The Prime Minister has noted that the draft budget that the Government submits to the Verkhovna Rada is a conservative and moderately pessimistic estimate, since this year Ukraine is facing a situation where the budget is revised every month depending on the priority funding needs: "Next year, at least its beginning, will take place according to a similar scenario."

Denys Shmyhal added that the macroeconomic forecast for the next year is a consensus between the Government, the National Bank, and international financial organizations, because depending on the situation at the front, the economy of Ukraine in 2023, according to him, may either fall by 0.4% or grow by 10% or more.

"Within this macroeconomic forecast, next year's economy will grow by 4.6% in real terms and by 37% in nominal terms. The average salary will approximately amount to UAH 18,500, inflation may reach 30%, the average annual exchange rate of the dollar will fluctuate around UAH 42," the Prime Minister said and emphasized that the current macroeconomic forecast was a rather conservative scenario, because the state had to be ready for any developments.