Higher salaries, more expensive dollar: what the state budget is planned to be spent on in 2025.
16.09.2024
2518

Journalist
Shostal Oleksandr
16.09.2024
2518

The Cabinet of Ministers of Ukraine approved the budget project for the next year. According to the document, the country expects a decrease in economic growth and an increase in inflation. The project foresees GDP growth of 2.7% and inflation of 9.5%. Salaries will increase, but the currency will depreciate. The budget also provides for expenses on security, social protection, healthcare, and education. Funds will be allocated for loans and grants to support businesses. Regions will receive support from local budgets. The budget also includes a contingency fund for unforeseen situations. A new feature is the new system of state investment management. A decrease in the budget deficit and attraction of borrowings is expected.
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