Business news from Ukraine

Business news from Ukraine

LAW ON “UKRAINE’S STATE BUDGET 2019” MAY BE ADOPTED ON NOV 22

4 November , 2018  

The law on the “State Budget of Ukraine for 2019” has every chance to be approved by the Verkhovna Rada of Ukraine on November 22, Minister of the Cabinet of Ministers of Ukraine Oleksandr Sayenko has said. “We have already received preliminary approval of the draft state budget by the Verkhovna Rada, received conclusions and proposals from deputies. In the near future, it will be submitted to parliament for the second reading. We have every chance that the state budget for the next year will be adopted on November 22 and we will enter the new year without problems with financing,” Sayenko said.
The minister stressed that the state budget for 2019 is, first of all, the modernizing of pensions, the increase in pension payments for the next year, the recalculation of pensions for military personnel. This is the army budget and subsidy issues.
“In essence, the state budget proposed today by the government retains all the positive programs that we had, and the amount of funding increases for the most programs,” the minister concluded.