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state budget - Latest Articles GMK Center

Photo – Ukraine to attract $37.9 billion to the state budget
Ukraine to attract $37.9 billion to the state budget

According to the draft state budget, $13.6 billion will be allocated to eliminate the consequences of the war

Photo – Grants and loans accounted for 56% of the state budget in August
Grants and loans accounted for 56% of the state budget in August

During the month, financing of Ukrainian state budget with own resources amounted to UAH 134 billion, and external resources – UAH 172 billion

Photo – S&P raised Ukraine’s rating to CCC+ after debt restructuring
S&P raised Ukraine’s rating to CCC+ after debt restructuring

Previously, the Fitch agency made a similar decision

Photo – The government plans to create a Prompt Recovery Fund in the 2023
The government plans to create a Prompt Recovery Fund in the 2023

International donors and state enterprises will be able to send funds to the fund

Photo – The Verkhovna Rada proposes to increase state budget expenditures by UAH 270 billion
The Verkhovna Rada proposes to increase state budget expenditures by UAH 270 billion

The planned expenditures of the state budget for 2022 may more than double the actual expenditures for 2021, increasing to UAH 2.66 trillion

Photo – Bloomberg: Ukraine is working on national debt restructuring
Bloomberg: Ukraine is working on national debt restructuring

Earlier, Ukrainian authorities denied the need to restructure or write off the national debt

Photo – Ukraine’s budget deficit reaches $5 billion a month
Ukraine’s budget deficit reaches $5 billion a month

Now, about 35% of the country's economy does not work

Photo – G7 to allocate $18.4 billion to support Ukraine’s state budget
G7 to allocate $18.4 billion to support Ukraine’s state budget

G7 finance ministers said they to stand by Ukraine throughout the war and beyond and are prepared to do more as needed

Photo – Parliament adopted the 2022 budget with ₴1.3 trillion revenue and ₴1.5 trillion spending
Parliament adopted the 2022 budget with ₴1.3 trillion revenue and ₴1.5 trillion spending

In the finalized draft Law, state budget revenue increased by ₴54.7 billion, or 4.3%, while spending grew by ₴55.7 billion, or 3.9%

Photo – The Cabinet of Ministers to allocate ₴16 billion for infrastructure development in 2022
The Cabinet of Ministers to allocate ₴16 billion for infrastructure development in 2022

The draft budget also provides for ₴124.1 billion for road improvement and ₴53.3 for regional development

Photo – The State Property Fund expects to beat the privatization targets for 2021
The State Property Fund expects to beat the privatization targets for 2021

The first large privatization tenders are to take place in the summer. Among the priority assets are UMCC and Bolshevik plant

Photo – The Ministry of Economy proposes to allocate ₴640 billion to boost production
The Ministry of Economy proposes to allocate ₴640 billion to boost production

The Ministry also develops programs to help businesses access credit resources

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