“This session, exactly the issue of the state budget for the next year will be strategic. According to the legislation, it should be submitted to the Verkhovna Rada until September 15. The Verkhovna Rada is ready for it, and the profile committee and all other committees that will be involved in this process. We are ready to work; submit our offers, improve,” Razumkov said.
As of today, the bill was not submitted to the parliament.
On April 13, 2020, the Verkhovna Rada reduced the state budget of Ukraine for 2020. According to the amendments, budget revenues of Ukraine decrease from $40.5 bln to $36 bln, while expenses increase from $43.7 bln to $46.7 bln.
Besides, in January-March 2020, the deficit of Ukraine's state budget amounted to 1.18 billion dollars, which is 1.25 times higher than in the same period last year.