the cabinet intends to reduce the deficit indicator in the draft state budget

the cabinet of ministers intends to reduce the deficit indicator in the draft state budget for 2021 as amended by the second reading by uah 30 billion, and also to postpone the increase in the minimum wage to 6.5 thousand hryvnia from july to the end of next year, said yaroslav zheleznyak, people's deputy of the golos faction.

"now the cabinet should reduce to 5.3% of gdp (that is, -0.7% of what was adopted in the first reading). for understanding, this means minus more than uah 30 billion from expenses. and this is if the forecast for gdp does not decrease, "he wrote in the telegram channel on thursday, referring to information from sources.

iron ore also indicated that the increase in the minimum wage to 6.5 thousand uah per month is planned to be postponed to december next year.

an informed source of the interfax-ukraine agency confirmed the government's plans to reduce the deficit in the draft state budget by uah 30-35 billion, as well as to postpone the increase in the minimum wage.

as reported, the ministry of finance of ukraine has completed negotiations with the international monetary fund (imf) regarding the main parameters of the draft state budget for 2021. the negotiations focused on forming a common vision of the main budget indicators with the imf: a framework for revenues, expenditures and deficits.

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