Rada passes 2020 budget draft at first reading: main figures

UNIAN Information Agency | Oct 18, 2019 at 4:40 PM
  • The Verkhovna Rada on Friday adopted in the first reading the government bill on the state budget of Ukraine for 2020, taking into account the proposals of the Budget Committee.
  • As UNIAN reported earlier, on September 20, the Verkhovna Rada accepted for consideration the government draft state budget for 2020, built on the current macro-forecast with an increase in GDP at 3.3% and an exchange rate of UAH 28.2 per dollar.
  • The project involves revenues in the amount of UAH 1.079 trillion, expenditures – at UAH 1.170 trillion, deficit cap – at UAH 95 billion, or 2.09% of GDP, state and state-guaranteed debt – at 54.1% of GDP.