Cabinet submits 2025 state budget to Rada. What is known about main parameters

The Cabinet of Ministers proposes to the Verkhovna Rada to adopt the 2025 state budget with revenues of UAH 2.3 trillion and expenditures of UAH 3.9 trillion.

This is stated in bill No. 12000, registered in the parliament on September 14, the Ukrainian News agency reports.

Thus, the revenues of the state budget for the next year are expected to be UAH 2,336.276 billion, expenditures – UAH 3,938.196 billion.

The marginal volume of the deficit is UAH 1,640.630 billion or 19.4% of GDP.

The hryvnia exchange rate set in the budget for next year is 45 UAH/USD, inflation is 9.5% (December to December), GDP growth is expected to be lower next year than this year - 2.7%.

The need for external financing for next year is more than expected: USD 38.4 billion, and the public debt to GDP should decrease to 97% of GDP (this year it will be 100.5% of GDP).

Besides, the minimum salary will be UAH 8,000, the living wage will be UAH 2,920.

As the Ukrainian News agency earlier reported, the Cabinet of Ministers must submit the draft budget to the Parliament by September 15.