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The Government of Ukraine approved the budget for 2020


The Ukrainian government approved a draft budget for 2020 with a forecast of GDP growth of 3.3%. This was reported by the press service of the Ministry of Finance of Ukraine.

It is indicated that on September 15, the Minister of Finance of Ukraine Oksana Markarova during the Cabinet meeting presented a draft law "On the State Budget of Ukraine for 2020".

“The Cabinet of Ministers considered it, approved it, and submitted it to the Verkhovna Rada within the deadlines established by the Constitution and the Budget Code,” the ministry said.

According to the Ministry of Finance, it is planned by the end of 2020 to reduce the ratio of the volume of Ukrainian public debt to GDP to 46.7%.

The presentation, published on the website of the Ukrainian Ministry of Finance, says that the projected GDP growth of Ukraine will be 3.3%.

Earlier, Markarova said that more than 245 billion hryvnias (about $ 10 billion) were allocated for security and defense in the draft budget of Ukraine for 2020.

Source: russiart

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