Business news from Ukraine

UKRAINIAN BUDGET TO INCREASE FINANCING FOR EDUCATION MINISTRY BY 14%

Financing for the Education and Science Ministry of Ukraine increased by 14% in the draft national budget of Ukraine for 2020, prepared by the government for second reading, to UAH 131.483 billion, as compared with 2019, according to bill No. 2000 dated September 15 amended for second reading.
In particular, UAH 44.331 billion will be allocated for the apparatus of the Education and Science Ministry, of which UAH 134.9 million will be spent on management and administration in the spheres of education and science, UAH 107.6 million – on organization of work of the National Agency for Higher Education Quality Assurance, National Agency for Qualification, education ombudsman, state attestation and accreditation and educational institutions, UAH 200 million – on professional (vocational) training of national significance, and UAH 1.162 billion – on research and development at higher education establishments and scientific institutions.

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