Law on 2019 budget published in parliamentary gazette

The law will come into force on January 1, 2019.

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The law on the national budget of Ukraine for 2019 has been published in the parliamentary gazette Holos Ukrainy.

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According to the law, the budget's revenue is set at UAH 1.026 trillion (US$36.64 billion) and spending at UAH 1.112 trillion (US$39.71 billion), which is UAH 18 billion (US$643 million) higher than the initial project adopted in the first reading.

The minimum wage will be raised to UAH 4,173 (US$149) per month from January 1, or up to UAH 25.13 (US$0.90) per hour.

The minimum subsistence level per person per month in 2019 will be UAH 1,853 (US$66.18) from January 1, 2019 and UAH 1,936 (US$69.14) from July 1, and UAH 2,027 (US$72.39) from December 1.

The law will come into force on January 1, 2019.

As UNIAN reported earlier, the Verkhovna Rada, Ukraine's parliament, on November 23 passed the national budget of Ukraine for 2019 with the budget deficit limit set at UAH 89.989 billion (US$3.20 billion), or 2.3% of GDP, revised and approved by the Cabinet of Ministers for the second reading.

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