Lawmakers start considering next year's budget draft.

As reported by Censor.NET.

"The budget we're discussing is based on the macroeconomic forecast prepared in May 2019," Ukrainian Finance Minister Oksana Markarova said while introducing the document in parliament on Friday, September 20.

"The review of the macroeconomic indicator, which, in keeping with the Budget Code, could be done between the first and second reading, is pending. Therefore today the budget is based on real GDP growth by 3.3% and all those macroeconomic indicators and social standards approved by the former Cabinet," she said.

Read more: Draft national budget 2020 submitted to Ukraine's Rada

Cabinet of Ministers of Ukraine projected Ukraine's GDP growth in 2019 at 3%, the National Bank at 2.5%, the International Monetary Fund at 2.7%, and the World Bank at 2.9%.

Источник: https://censor.net.ua/en/n3149549
Related news

Global economy faces $19tn corporate debt timebomb, warns IMF.

Update on markets lists eight leading countries, including US, China and UK, as vulnerableLow interest rates are encouraging companies to take on a level of debt that risks becoming a $19tn (£15tn) timebomb in the event of another global recession...

NBU delegation leaves for Washington for World Bank-IMF meetings.

A delegation of the National Bank of Ukraine (NBU), headed by NBU Head Yakiv Smolii, is leaving for Washington on October 15 to attend the annual meetings of the International Monetary Fund and the World Bank Group.

PrivatBank wins appeal in London court in dispute with ex-owners.

The Court of Appeal of England and Wales on October 15 granted the appeal of PrivatBank (Kyiv) against the decision of the court of first instance of December 4 last year on the discrepancy between the jurisdiction of the financial institution's c...

Economics Nobel prize won by academics for tackling poverty.

Abhijit Banerjee, Esther Duflo, Michael Kremer ‘dramatically improved’ practical solutionsAcademics who have pioneered on-the-ground experiments to discover the most effective ways to tackle poverty in the developing world were awarded the Nobel p...

Nobel Prize in Economic Sciences to be awarded – live.

Who will receive the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel? 8.10am BST Good morning. The final act of the 2019 Nobel Prize season is upon us.The biggest prize in the world of economics will be awarded this morning,...