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Opposition Platform - For Life proposes 221 amendments to Cabinet’s draft budget for 2021, - Medvedchuk

Source : 112 Ukraine

The politician believes that the current draft is not only unable to improve the welfare of people but even keep the country's economy from further recession
16:24, 5 November 2020

Viktor Medvedchuk
112 Agency

All the government's proposals for the draft budget for 2021 are ineffective in the economic context. This was stated by the Сhairman of the political council of Opposition Platform - For Life party, Ukrainian MP Viktor Medvedchuk.

He stressed that the draft budget for next year was not only unable to improve the welfare of people but even keep the country's economy from further recession.

"Today, there is a big question whether it is necessary to approve the draft law on the budget for 2021 in the version that was proposed by the government and suggested by the budget committee for consideration. Why? Because the proposals that we received are insolvent, insolvent in the economic context. The authorities, represented by the Cabinet of Ministers, are trying to approve this budget for 2021. Today we see that the country is still in crisis, this crisis is intensifying, it is an economic and social crisis. The proposals that the government is providing us with today as an approval of the budget law are incapable of taking the economy to another level, to the level of providing for people, increasing welfare, or at least slowing down the process of economic and social decline that is taking place today," said the politician.

Related: Medvedchuk: Situation in Ukraine must be radically changed, it cannot be like this anymore

At the same time, he added that Opposition Platform - For Life categorically opposed the adoption of the draft budget in the first reading so it had proposed 221 amendments.

"In fact, we proposed our version of the budget law for next year. However, none of the amendments we proposed were taken into account by the budget committee and, of course, the government. Therefore, of course, we will not vote for it. But I want to remind you that this budget is adopted in conditions when the fall in industrial production for nine months is 7%, the fall in coal production - 13%, the fall in agriculture - 13%, the fall in engineering - 20%. These are all figures that characterize the need to radically change the economic course in the country. Instead, we see in the new budget, where the revenue is 1 trillion 71 billion, 702 billion hryvnias - it is used to display this sum, all the debts, both internal and external. That is, we will form 66% of the revenue part of the budget due to the fact that we will live in debt. That is, we will borrow and live, we no longer earn for ourselves. Naturally, such a budget is not subject to approval, and we believe that it is a mistake of the government, a mistake of the president, and a mistake of the Servant of the People faction," Medvedchuk emphasized.

As we reported earlier, according to Viktor Medvedchuk, Russia is ready to renew the large-scale economic cooperation with Ukraine.

Related: Medvedchuk about parliament’s dissolution: President should not stoop to threats

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