The Council at first reading adopted the draft budget for 2018

The Verkhovna Rada of Ukraine in first reading adopted the draft law No. 7000-P on the findings and proposals to the draft law of Ukraine «On state budget of Ukraine to 2018». It is reported by the correspondent of the edition «GORDON».

For this decision voted 260 people’s deputies.

So, the revenue part of the budget for 2018 will be 877,043 billion UAH, expenses – 948,129 billion. Nominal GDP is projected at 2,575 trillion UAH.

The budget deficit in 2018 will amount to UAH 77.9 billion, i.e. 2.4% of GDP. The volume of payments on servicing the state debt in 2018 is projected at 130,2 billion. Total payments on public debt in 2018 is estimated at 305,926 billion.

It is expected that from 1 January 2018, the subsistence minimum per person per month will be 1700 UAH, from 1 July – 1777 UAH, from December 1 – UAH 1853.

It is planned to increase the minimum wage by 16.3% – up to UAH 3723.

The draft budget for 2018 based on the forecast rate of 30,1 USD for one dollar at the end of 2018.

The Cabinet needs a second reading to prepare a draft law on the state budget for 2018 taking into account the findings and proposals of people’s deputies.




The Council at first reading adopted the draft budget for 2018 14.11.2017

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