Deficit of the Ukrainian state budget in 2020 amounted to $7.1 billion

Former acting Minister of Economy, Trade and Agriculture of Ukraine Pavel Kukhta said that the state budget deficit in 2020 amounted to 200 billion hryvnia ($7.1 billion).

Deficit of the Ukrainian state budget in 2020 amounted to $7.1 billion

Kukhta believes that the best way out of this situation is to quickly fulfill the conditions of the IMF program and unblock normal access to financing.

“Compared to previous programs, when it was necessary to raise tariffs for people, now everything is quite simple: vote a normal law on judicial reform, vote a law that would remove the constitutional crisis with anti-corruption reform and bring the government’s budget to a realistic 2021 budget”, – he thinks.

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