Prime Minister Denys Shmyhal says the deficit of Ukraine’s national budget is one of the lowest indicators in Europe.
“When today we take European countries and see what deficits in developed economies, in neighboring countries are, then Ukraine has one of the lowest budget deficits. This year, 7.5% is one of the lowest indicators in Europe. It is absolutely moderate, all international experts say this,” he said.
He also mentioned inflation trends.
“When we speak about the budget deficit and someone starts manipulatively saying that money is being printed, there is inflation – let’s see what the inflation rate this year is. We expect about 4.5%. This is one of the lowest inflation indicators over Ukraine’s independence; it is approximately equal to last year’s figure. In the autumn months, inflation was below 2%, there were months this summer when deflation was recorded. We do not see the indirect signs that money is being printed,” he said. (UNIAN/Business World Magazine)