Cabinet Suggests Rada Lower State Budget Revenues By UAH 115 Billion, Raise Expenditures By UAH 96 Billion - MP Honcharenko

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Cabinet Suggests Rada Lower State Budget Revenues By UAH 115 Billion, Raise Expenditures By UAH 96 Billion - MP Honcharenko

The Cabinet of Ministers of Ukraine has suggested that the Verkhovna Rada of Ukraine decreased the revenues of the state budget for 2020 by UAH 115 billion, and increase its expenditures by UAH 96 billion.

Censor.NET reports citing member of the Ukrainian Parliament of the European Solidarity party faction, Oleksii Honcharenko post on Facebook

He added that to cover the deficit, it is offered to raise domestic borrowings by UAH 147 billion and the external ones by UAH 131 billion.

It is also offered to create a stabilization fund of UAH 124 billion within the state budget.