Government tables in parliament draft budget for 2018

Government tables in parliament draft budget for 2018

Ukrinform
The Cabinet of Ministers has tabled in the Verkhovna Rada the draft law on Ukraine's state budget for 2018.

The document was registered in parliament on September 15 under No. 7000. 

On September 15, the Cabinet of Ministers approved the draft state budget for the next year, setting GDP growth at 3% and inflation at 7%.

The draft state budget envisages the allocation of UAH 163 billion for security and defense.

In addition, the minimum wage is to be set at UAH 3,723 and the living wage at UAH 1,700 from January 1, 2018.

Some UAH 122.7 billion should be spent on social expenditures, including UAH 55 billion on subsidies. A total of UAH 112.5 billion is to be allocated for health care.

It is planned to spend UAH 44 billion on the construction and repair of roads.

The draft budget for 2018 foresees the allocation of UAH 217.5 billion for education, in particular UAH 1 billion for the modernization of primary school and UAH 504.5 million for inclusive education. In addition, it is planned to raise the salaries of teachers by 25%. UAH 7.9 billion is to be allocated for the science development program. 

op


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2019 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-