Ukrainian Parliament adopts 2019 state budget

Source : 112 Ukraine

The priority areas to be funded remain the same: defense and security, reforms in the education, healthcare and decentralization, as well as social care system
08:28, 23 November 2018

Mirror Weekly

The Ukrainian Parliament passed the law about the state budget for the next year (bill No.9000). 239 MPs voted 'yes' in the second reading, 240 upheld it on the whole. The final voting took place in the early morning of Friday.

Oksana Markarova, the newly appointed Finance Minister of Ukraine presented the document in the session hall of the Parliament. According to her, the priorities of funding remain the same as they currently are. They include defense and security, reforms in the education, healthcare and decentralization, as well as the social care system. 'At that, the budget remains well-balanced', she said.

The budget foresees the incomes at the rate of approximately 36 billion U.S. dollars; the expenses are expected in the amount of almost USD 39 bn.

The top deficit of the state budget remains on the level of 3.17 billion U.S. dollars.

As of December 31, 2019, the maximum volume of the state debt is to make 92 billion U.S. dollars. 

The minimum salary made UAH 4,173 (USD 149).

The cost of living (as of January 1, 2019) made UAH 1,853 (USD 66). In December 2019, the sum is to make UAH 2,027 (USD 72.39).

The law will take effect on January 1, 2019, but not until officially published in the parliamentary outlet.

Related: Parliament approves changes to Budget Code of Ukraine

Related: Ukraine's govt endorses amendments to draft bill on 2019 state budget

Related: Poroshenko not to sign 2019 budget if proposals on subsidies not considered

Related: IMF wants Ukraine's 2019 state budget adjusted

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