The Cabinet of Ministers approved the draft law on the State budget of Ukraine for 2018 and is going to immediately submit it to the Verkhovna Rada. This decision was taken at a government meeting on Friday, September 15, reports UKRINFORM.

The Cabinet of Ministers the draft state budget for next year laid a GDP growth at 3% at 7% inflation. The budget deficit identified in 2.4%. The draft budget for 2018 provides for the allocation for security and defense of the state 163 billion.

Revenues of the state budget will amount to 1.2 trillion UAH.

As stated by the Prime Minister Vladimir Groysman, the draft budget was set the government’s proposal to increase the salaries of teachers by 25% and doctors.

Priority is also referred to as road repairs, Road Fund provided 44 billion.

Earlier it was reported that the draft budget provides for raising the minimum wage from 3200 UAH to UAH 3723.

The Cabinet approved the draft state budget-2018 15.09.2017

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