Cabinet of Ministers of Ukraine presented revised to the second reading the draft Law “On the State budget 2020”. Compared to editorial of the draft revised to the first reading the state budget revenues for 2020 (without transfers), it is suggested to increase by 14.18 billion UAH, including the general fund by 11.9 billion UAH and the special fund by 2.3 billion UAH. The deficit will be 2.09% of GDP. Expenditures of the revised draft of the budget were increased to 1 180.1 billion UAH.
Document is balanced and aimed at solving urgent issues and implementing the Program of activities of the Cabinet of Ministers of Ukraine. “Revenue part of the budget is quite realistic. The State tax service is ready to fulfill the task of filling the budget. To do this, we will strengthen our analytical work, as well as will pay greater attention to work with risky taxpayers.” – Chairman of the STS Serhii Verlanov commented the draft of the State budget 2020.