REUTERS
The state budget of Ukraine for 2018 assumes the average annual hryvnia rate at the level of UAH 29.3 to the dollar, while the rate at year-end is seen at UAH 30.1 to the dollar.
Ukraine's draft national budget for 2019 approved by the Cabinet of Ministers of Ukraine provides for the hryvnia exchange rate against the U.S. dollar at UAH 29.4 by the end of 2019.
Read alsoNational budget draft for 2019 registered in parliament
"The calculations were made using the forecast rate at the end of the year, that is UAH 29.4 per U.S. dollar," reads an explanatory note to bill No. 9000 "On the national budget of Ukraine for 2019" registered in the Verkhovna Rada, Ukraine's parliament, on September 15.
It is noted that indicators of the state budget of Ukraine for 2018 were used for the comparative analysis.
The state budget of Ukraine for 2018 assumes the average annual hryvnia rate at the level of UAH 29.3 to the dollar, while the rate at year-end is seen at UAH 30.1 to the dollar.
As UNIAN reported earlier, Ukraine's government on September 14 approved the draft budget for 2019 and submitted it to parliament. The document foresees a 3% increase in GDP amid 7.4% inflation.