The consolidated state budget for 2021 projects about UAH 27 billion to finance culture development.
“The sphere of culture development is a priority of the state as evidenced by the funds laid down in the country’s budget,” Minister of Finance of Ukraine Serhiy Marchenko said.
“Let’s compare the expenditures on culture in 2020 and 2016. Four years ago, the consolidated budget expenditures on culture and art reached UAH 10.55 billion. This year, they total UAH 20.35 billion (+93%). Next year, about UAH 27 billion has been laid down for culture and art in the planned indicators of consolidated budget,” the minister noted. (Ukrinform/Business World Magazine)