Parliament passes at first reading draft national budget for 2017

The Verkhovna Rada of Ukraine has passed a draft law on final proposals to the national budget for 2017.

A total of 245 MPs voted in favor of the relevant resolution, No.5000 - P, at a plenary sitting on Thursday, October 20, an Ukrinform correspondent reports.

As a reminder, the draft law on the national budget for 2017 was submitted by the Cabinet of Ministers on September 15.

Revenues of the government’s draft national budget for 2017 are envisaged at UAH 706.3 bln, expenditures – UAH 775.3 billion. Also, the GDP is expected at the level of 3% with the inflation of 8.1%, and the exchange rate of hryvnia is expected to be UAH 27.2 against U.S. dollar.

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