Business news from Ukraine

State Budget of Ukraine for 2021 provides increase in funding for medicine, education – Zelensky

20 December , 2020  

The State Budget of Ukraine for 2021 provides for an increase in funding for medicine, education and science, as well as the security and defense sector, Ukrainian President Volodymyr Zelensky said.

“Firstly, this is money for medicine. Almost UAH 160 billion. It is the most during the years of Ukraine’s independence. … We have raised salaries for doctors by 30%, but we all understand that this is not enough, so we strive to continue increasing their salaries in 2021,” Zelensky said in his vlog posted on his official Telegram channel on Friday night.

We also plan to equip 210 ER departments and 450 new ambulances. Supplemental payments for doctors who fight COVID-19 will be continued.

Next year education and science will receive UAH 26 billion more, and in total almost UAH 170 billion will be allocated for their development. In particular, the salaries of educators will increase by 20%.

As for defense expenditures, the budget of the Ministry of Defense in 2017 amounted to UAH 69 billion, in 2018 – UAH 86 billion, in 2019 – UAH 102 billion, and in 2021 it will reach over UAH 117 billion.

In general, the budget for the security and defense sphere, including expenditures on intelligence, the State Border Guard Service and the State Emergency Service of Ukraine, amounted to more than UAH 267 billion.

Also, according to the president, starting from January 1 next year, the minimum wage will increase to UAH 6,000, and during the year it will increase to UAH 6,500.

The President thanked MPs from the Servant of the People party and other political forces for supporting the state budget and passing a number of other important laws. In particular, Zelensky noted the adoption by the Verkhovna Rada of a law on the restoration of the powers of the National Agency for Corruption Prevention, which were previously revoked by a decision of the Constitutional Court of Ukraine.