Related materials:

 Poroshenko on 2016 state budget: "This is minimum necessary basis for reforms"


President Poroshenko considers the state budget for 2016 the minimum necessary foundation for reforms.

He said this, commenting on the adoption of the 2016 state budget, Censor.NET reports citing Ukrainski Novyny.

"The budget is very easily criticized by populists, but it is the minimum foundation for reforms, without which the country can not effectively go on," the head of state said.

See more: New Year gift: how parliament adopted budget for 2016. PHOTOS

At the same time, Poroshenko called the budget "complicated."

As previously reported, on Friday night, the Verkhovna Rada adopted the law on state budget for 2016.

GDP growth is projected at 2 percent, nominal GDP - UAH 2.262 trillion (approx $90.79 billion), inflation - 12 percent, budget deficit - UAH 84 billion (approx. $3.52 billion) or 3.7 percent of GDP.

The expected exchange rate of hryvnia - 24,1/$1.

Proceeds from privatization are expected to reach UAH 17.1 billion (approx. $686.363 million).

According to the document, state budget revenues in 2016 will amount to UAH 595.081 billion (approx. $23.88 billion).

Read more: Rada approves state budget for 2016 law

Budget expenses are set at UAH 667.733 billion (approx. $26.7 billion) for 2016.

The living wage and the minimum wage in the new version of the state budget are the same as before - the living wage set at UAH 1,330 effective Jan. 1, 2016, and the minimum wage at UAH 1,378 (approx. $55).
Источник: https://censor.net.ua/en/n366785