Budget revenues will grow by 32% in 2017.
Finance Minister Alexander Danyluk said that the state budget for 2017 revenues amount to 785.5 billion UAH, while expenses – 851.600 billion UAH.
General fund of the state budget revenues in 2017 are planned in the amount of UAH 785.5 billion, expenses – 851.6 billion UAH.
Thus, the budget deficit in 2017 amounted to 66.1 billion UAH.
Finance Minister also said that the budget for 2017 is calculated on the assumption that next year the government will accelerate the pace of reform.
“Every minister, we are now discussing their conduct Moreover, we are changing the approach to budgeting, we fund only those areas which are or will be reformed reformed.” – said Danyluk.
Recall, the State Budget for 2016 envisages revenues in the amount of 595.1 billion UAH, and expenses in the amount of 684.5 billion UAH. The budget deficit for 2016 is planned in the amount of which is equal to 3.7% of forecasted GDP.
