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A draft budget for the next year is expected to be ready by September 15.
Head of the Accounting Chamber of Ukraine Valeriy Patskan warns Ukraine may fail to approve its national budget for 2020 on time over forthcoming parliamentary elections.
Speaking at a VoxUkraine panel on the risks of Ukraine's national budget for 2020, he said that the current members of parliament might not have enough time to pass the budget for the next year. "Until the committees are formed, the country will be left without a budget. I'm talking about real things as a former parliamentarian. We may enter the next year without a budget," Patskan said.
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At the same time, he said he is for adopting the budget by the incumbent parliament until the end of 2019.
UNIAN memo. A parliamentary election is scheduled in Ukraine late in October 2019. After new MPs take their office and a new government is formed, the incumbent parliamentarians and Cabinet members will respectively lose their powers.
Ukraine's Finance Ministry plans to submit a three-year budget declaration to Ukraine for approval by the government by May 15, and a draft budget for the next year is expected to be ready by September 15.