During the meeting of the Verkhovna Rada, a decision on the State Budget of Ukraine for 2024 was made in the second reading and as a whole. 276 people's deputies voted for Bill No. 10000.
One of the key innovations is the increase in budget revenues by UAH 22 billion, which is the total amount of income in the amount of UAH 1.768. Budget expenditures remain at the level of UAH 3.35 trillion, with the state budget deficit reduced by UAH 22 billion, amounting to UAH 1.57 trillion.
According to MP Jaroslav Zheleznyak, external borrowing was reduced by $ 103.5 billion (from $ 42.9 billion to 41 billion) for compliance with an agreement with the International Monetary Fund. This volume was offset by an increase in domestic borrowing by UAH 81.4 billion.
The real GDP forecast is reduced from 5% (first reading) to 4.6%, and inflation was reduced from 10.8% to 9.7%. The forecast for the hryvnia exchange rate, which is expected to pay 40.7 UAH per dollar, has also been revised compared to the previous forecast of UAH 41.4 per dollar.
An important part of the budget for 2024 is the allocation of more than UAH 1.6 trillion to finance the security and defense sector, which is more than half of the total expenditures. Social costs are planned to be covered by international financial assistance.
