REUTERS
The government has been instructed to clarify the outlook of macro indicators.
The Verkhovna Rada on Friday adopted in the first reading the government bill on the state budget of Ukraine for 2020, taking into account the proposals of the Budget Committee, according to an UNIAN correspondent.
Introducing the document, Deputy Finance Minister Yuriy Dzhihir noted that following the finalization of the draft within the committee, revenues were increased by UAH 17.8 billion due to net profit and dividends of state enterprises, rent of state property, domestic and import VAT, as well as transfers from the National Bank worth UAH 3.5 billion, which requires the regulator's approval.
He also noted that the draft resolution of the Rada provides for a number of instructions to the government, including updating the forecast of macro indicators.
"After the government makes a decision on the upgrade of macro-indicators for 2020, it will be possible to calculate the updated budget indicators for 2020, and in particular, the indicators on revenues," the deputy minister said.
In turn, the head of the Accounts Chamber Valeriy Patskan noted the need for adequate forecasting of macro indicators.
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"Available resources must be planned. The annual increase in the number of decisions of the Cabinet of Ministers on the redistribution of budgetary funds indicates the shortcomings of planning: in 2017 there were 77, in 2018, there were already 99," he said.
Summing up the discussion, Prime Minister Oleksiy Honcharuk called on deputies to support the bill.
"These are proposals to us, the government. We will take them into account. Moreover, we heard all the proposals – on energy saving, infrastructure projects. All this will be taken into account. We will honestly see how much money we have, and together with you we will decide how to spend it efficiently," the head of government said.
As UNIAN reported earlier, on September 20, the Verkhovna Rada accepted for consideration the government draft state budget for 2020, built on the current macro-forecast with an increase in GDP at 3.3% and an exchange rate of UAH 28.2 per dollar. The project involves revenues in the amount of UAH 1.079 trillion, expenditures – at UAH 1.170 trillion, deficit cap – at UAH 95 billion, or 2.09% of GDP, state and state-guaranteed debt – at 54.1% of GDP.
PM Honcharuk vowed to submit an updated macro forecast before the end of October, which will become the basis for adjusting the draft state budget for next year.
An officially updated forecast has not yet been made public, however, Minister of Economy Tymofiy Mylovanov has already stated that the forecast for next year's economic growth is raised to 3.7%, and Finance Minister Oksana Markarova announced a stronger rate of the hryvnia.