September 20, 2024
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Economy

The government expects budget revenues to grow by almost 30% in 2025

The Cabinet of Ministers expects that in 2025, state budget revenues will grow by almost 30%, and expenditures – by 20%.”, — write: www.epravda.com.ua

The Cabinet of Ministers expects that in 2025, state budget revenues will grow by almost 30%, and expenditures – by 20%.

This was announced by Prime Minister Denys Shmyhal at the regular meeting of the government.

“Last week, the government approved the draft state budget for 2025. Today, this document was presented in the Verkhovna Rada. We expect that budget revenues will increase by almost 30%. We expect an increase in expenses by almost 20%,” he said.

Shmyhal noted that the country’s defense and security is a key priority, so the government has earmarked UAH 2.2 trillion for these needs next year.

“We propose to increase the budget for armaments and military equipment by 65%. This is an increase of almost UAH 300 billion. There will be much more Ukrainian missiles, drones, equipment, and shells,” the head of government added.

Read also: Where will Ukraine take and what will it spend money on in 2025. Analysis of the state budget project

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