Poroshenko has signed the law on the state budget for 2018

The President of Ukraine Petro Poroshenko signed the law №2246-VIII «On state budget of Ukraine to 2018», the press service of the head of state.

«The maximum amount of the budget deficit are proposed in the amount of 80,6 billion, or 2.4% of GDP. Maximum volume of public debt is set at 1999,3 billion, which would represent 60% of GDP», – stated in the message.

The planned volume of the state guarantees is determined at the level of 24 billion UAH. Privatization receipts are projected at $ 21.3 billion UAH.

«The living wage will grow by 9%, the minimum wage by 16.3%. Spending on assistance to families with children, poor families, disabled from childhood and disabled children, temporary assistance to children and benefits to care for a disabled person of group I or II provided in the amount of UAH 59.9 billion. Provision of benefits and housing subsidies to population for payment of housing and communal services provided 71 billion. The amount of the educational subvention is considered in the amount of 61.7 billion UAH, medical subventions 57.4 billion UAH», – said the press service.

It is also noted that the document envisages the creation in 2018 State road Fund expenditure at 32.9 billion.

«Just for the road development planned to allocate UAH 47.7 billion. On the functioning of the energy efficiency Fund provided funds in the amount of UAH 1.6 billion, and another 0.4 billion UAH – for the implementation of the State target economic program on energy efficiency», – stated in the message.

It is emphasized that in 2018 continues to provide support to local budgets for implementation of investment programs and projects of regional development: 6 billion UAH – at the expense of State regional development Fund; 5 billion UAH – subventions for implementation of measures for socio-economic development of individual territories; 1.9 billion UAH – subventions to the formation of the infrastructure of the United territorial communities.

The law shall enter into force on 1 January 2018.

The Ukrainian Parliament adopted the state budget for 2018 7 December. In the first reading the Parliament adopted the document on November 14. Initially it was proposed that the revenues of the state budget for 2018 will be 877,043 billion UAH, expenses – 948,129 billion.

Poroshenko has signed the law on the state budget for 2018 30.12.2017

Декабрь 30th, 2017 by
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