07 October 2022, Friday, 16:33 206

Rada Adopts State Budget-2023 In 1st Reading

Редактор: Tetiana Herasimova

The Verkhovna Rada has adopted as a whole the conclusions and proposals to the bill on the state budget for 2023, which means the adoption of the state budget in the first reading.

251 parliamentarians voted for the adoption of draft resolution No. 8000-p, with the minimum required 226, Ukrainian News Agency reports.

The parliament adopted in the first reading a draft state budget for 2023 year with revenues of UAH 1,279.2 billion, expenditures of UAH 2,513.9 billion and a deficit of 20%.

The budget proposes to determine that as of December 31, 2023, the marginal amount of public debt is UAH 6,406 billion.

The document is developed based on the forecast that the nominal GDP in 2023 will be UAH 6,399 billion (with real growth "+4.6%").

Inflation (December to December 2023) is forecast at 30%, the industrial producer price index (December to December) is 35.7%.

The minimum wage will remain at the current level - UAH 6,700, while the average wage will be UAH 18,508.

The unemployment rate is forecast to be 28.2%.

Hryvnia exchange rate: average for the period - 42.2 UAH/USD, at the end of the period - 50 UAH/USD.

As Ukrainian News Agency earlier reported, Member of Parliament from the Servant of the People faction, member of the state budget committee Arsenii Pushkarenko predicts the adoption of the state budget for 2023 as a whole until November.

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