: :inin Kyiv (EET)

Finance Ministry says deviation from targets of Budget 2017 possible

The indicators of the state budget of Ukraine for 2017, according to the draft approved by the Cabinet of Ministers and currently considered by Parliament are realistic, but deviations from these parameters are possible in both directions, Ukrainian Finance Minister Oleksandr Danylyuk said on Espreso.TV.

”Of course, any crisis, either global or local, will affect the indicators and the revenues,” the minister said.

Danylyuk said that the project was based on forecasts of the Ministry of Economic Development and Trade approved by the Government and agreed with the experts.

”Moreover, if we don`t slow down the pace of reform, particularly in terms of improving the business climate, the indicators will improve,” the minister added.

As UNIAN reported earlier, the Cabinet in June 2016 approved the draft budget resolution, which foresees 3-4% GDP growth in 2017 amid 8.1% inflation and 8.6% unemployment. The state debt is projected at 66.8% of GDP next year, the forex rate is expected at UAH 27.2 per U.S. dollar.

On September 15, a bill on the national budget for 2017 was tabled in parliament.


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