The Finance Ministry called the maximum budget deficit

В Минфине назвали максимальный дефицит бюджета

The Finance Ministry forecasts a budget deficit

The ability to live according to their own capacities is a priority, said the government.

In 2019, the budget deficit will not exceed 2.28 per cent of GDP. On Friday, September 21, during the presentation of the draft state Budget of Ukraine, said the acting Minister of Finance Oksana Markarova.

“A share 1,108 billion, of which 994 billion is General Fund. Fiscal consolidation, or, in simple words, the ability to live by their own capabilities, is our priority. For four consecutive years the deficit is reduced, in 2019, we set clear objectives – not be lower than 2.28%, or 90 billion UAH”, – said the politologist.

She believes that revenues, which are laid for next year are absolutely realistic, and execution of the budget in 2019, no doubt.

“In 2019 we plan to reduce income redistribution through the state budget to 25%, reducing the state’s role and giving some relief to the economy”, – said Markarova.

We will remind, earlier the Ministry of Finance stated that the draft state budget for 2019 is expected to increase social standards by 2%.

Note, in the next year, as the government expects Ukraine’s economy will grow by 3%, while inflation will not exceed 8%.

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