"The budget for 2022 is not only balanced and realistic, but also the budget for modernizing the country, restoring the economy and investing in people, in their health, education and development," he said.
Shmyhal also noted that one of the important innovations of the budget, which is based on the presidential decree, is the establishment of the minimum salary of doctors at UAH 20,000 ($751) and the minimum salary of medics at UAH 13,500 ($507). Accordingly, the average salary of a doctor next year will exceed UAH 22,500 ($845). In general, the average monthly salary in Ukraine next year will reach almost UAH 15,500 ($582).
Some UAH 185.6 billion ($ 6.9 bn.) will be assigned for education, which is UAH 21 billion ($ 788,393) more than this year.
In addition, UAH 329 billion will be provided for social protection, 5.95% of GDP (UAH 319.4 billion ($ 11.9 bn.)) for the security and defense sector, UAH 13.5 billion ($ 506,416) for culture, UAH 11.3 billion ($ 412,635) for sports, more than UAH 120 billion ($ 6.9 bn.) for road construction.
Some UAH 53.3 billion ($ 4.5 bn.) will be budgeted for regional development.
"The main macroeconomic parameters: a decrease in the budget deficit to 3.5%, a reduction in public debt, an increase in wages, a stable hryvnia exchange rate, a decrease in inflation, a record level of GDP growth over the past 10 years – as a result of our reforms," Shmyhal said.
According to the legislation, the Cabinet of Ministers of Ukraine annually tables in the Verkhovna Rada a draft law on Ukraine's state budget for the next year no later than September 15 of the current year. Together with the draft law, the government submits a report on the implementation of Ukraine's state budget for the current year.