The Verkhovna Rada supported the conclusions and proposals to the draft law on the state budget of Ukraine for the year 2022. 264 MPs voted for the draft law.
The document redistributes some of the state budget expenditures. The revenues of the general fund of the state budget for 2022 to increase by 6.5 billion hryvnia due to import VAT.
Budget revenues are planned in the amount of UAH 1,277.7 billion, which is UAH 161.7 billion more than in 2021; expenses will grow by UAH 103.1 billion to UAH 1,465.7 billion; the state budget deficit is planned at the level of UAH 188 billion.
Real GDP growth in Ukraine is expected at 3.8%, inflation (December to December) will be 6.2%. The 2022 budget provides for the average hryvnia-dollar exchange rate at the level of 28.6 – 28.7 hryvnias per dollar.
According to the decree, the Cabinet of Ministers must prepare a draft law on the state budget of Ukraine for 2022 for the second reading in accordance with the budgetary conclusions and submit it to the Rada for consideration within two weeks.
The Cabinet of Ministers is recommended to consider the possibility of increasing the revenues of the general fund of the state budget for 2022, taking into account the expected execution of the state budget revenues in 2021 and the projected economic growth.
To remind, the Cabinet of Ministers of Ukraine presented a draft budget for 2022.