Украина 2016-07-20T05:32:16+03:00
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​Rada Passes Amendments To 2015 State Budget

​Rada Passes Amendments To 2015 State Budget

Draft law No.2147 as a whole received votes of 273 Members of Parliament, while 226 votes enough for approval.

The Verkhovna Rada has passed amendments to the state budget for 2015.

Draft law No.2147 as a whole received votes of 273 Members of Parliament, while 226 votes enough for approval.

The parliament raised revenues of the 2015 state budget by UAH 22 billion to UAH 498.150,708 billion and expenses by UAH 35 billion to UAH 563.240,031 billion.

The Rada also approved the change of limit deficit of the 2015 state budget from UAH 63.669,600 billion to UAH 76.3 billion and ceiling public-sector debt as at December 31, 2015 from UAH 1,176,060.356 million to UAH 1,393,950.825,400 million.

The parliament also approved the forecast of GDP decline by 5.5% in 2015 with the inflation rate of 26.5%.

The Rada increased the projected amount of nominal GDP by UAH 129.4 billion to UAH 185.020 billion due to the 26.7% growth of consumer prices in 2014.

The state budget amendments envisage an increase in the expenses on subsidies to compensate for the rise in energy tariffs by UAH 12.5 billion, by UAH 2.9 billion for aid to internally displaced persons from the anti-terrorist operation zone, and also allocation of UAH 300 million to compensate farmers loan interests.

Under the state budget amendments, the National Bank of Ukraine will transfer UAH 60.5 billion to the state budget instead of the previously supposed UAH 65.4 billion.

As Ukrainian News earlier reported, the budget committee recommended that the Rada take as basis the amendments to the 2015 state budget.

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