Rada adopted the state budget-2018

The Verkhovna Rada of Ukraine adopted the bill №7000 on the state budget for the year 2018, the correspondent of the Internet edition «GORDON».

Its adoption in the second reading vote of 267 MPs in General – 273.

Income is provided at the 913,6137 billion UAH, expenses – 988,6343 billion.

Limit the amount of the deficit is set at 81,8494 billion. Finance Minister Alexander danyluk said that it is 2.5%, which meets the requirements of the International monetary Fund.

The maximum amount of government debt on 31 December 2018 is set at 1,999 trillion UAH.

The bill provides that from 1 January 2018, the subsistence minimum will be 1700 UAH, from 1 July – 1777 UAH, from December 1 – UAH 1853.

The document was developed based on a forecast inflation rate of 9%, GDP growth of 3%. The bill laid hryvnia exchange rate to 29.3 UAH per dollar.

Minimum wage from January 1 will amount to UAH 3723.

Prime Minister Vladimir Groisman before the vote, noted that the state budget has included a provision on the adjustment of the minimum wage depending on the national economy.

«I hope that the minimum wage will be increased,» he said.

The law shall enter into force on 1 January 2018.

Also at the meeting on 7 December, the Parliament passed a bill №7116 «On amendments to the Budget code of Ukraine», which the Prime Minister of Ukraine Volodymyr Groysman called the «first law in the budget package.» The MPs introduced changes to the Tax code that will increase revenues to the consolidated budget of Ukraine by 12.46 billion.

The draft budget for 2018 Rada adopted in first reading on 14 November. Initially it was proposed that the revenues of the state budget for 2018 will be 877,043 billion UAH, expenses – 948,129 billion.

Rada adopted the state budget-2018 08.12.2017

Декабрь 8th, 2017 by
36 queries