Ukraine: 2017 state budget passed

Overnight into December 21, the Verkhovna Rada (Parliament) passed the state budget for 2017. Fiscal revenues for 2017 are envisaged at 721.4 billion UAH and expenditures at 790.4 billion UAH. The budget deficit was set at 77.5 billion UAH. The following macroeconomic indicators are proposed for 2017: GDP growth at 3-4%; inflation at 8.1%; forecast…

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