Zelensky signs the law on the State Budget-2024

Zelensky signs the law on the State Budget-2024

Kyiv  •  UNN

November 28 2023, 01:37 PM • 26903 views

President of Ukraine Volodymyr Zelenskyy has signed the State Budget for 2024 with revenues of UAH 1.768 trillion and expenditures of UAH 3.35 trillion. The budget forecasts GDP growth of 4.6% and inflation of 9.7%.

President of Ukraine Volodymyr Zelenskyy has signed  the "Draft Law on the State Budget of Ukraine for 2024", UNN reports with a link to the document card.

The main indicators of the country's main budget for 2024 year:

Revenues in the 2024 budget are set at 1.768 trillion hryvnias, while expenditures remain almost the same at UAH 3.35 trillion. Thus, the state budget deficit is UAH 1.57 trillion

External borrowings are planned at 41 billion dollars

The GDP forecast for the next year is set at 4.6% (in the first reading it was 5%), inflation - 9.7% (in the first reading it was 10,8%). The average hryvnia exchange rate is forecast at 40.7 per dollar.

The forecast for real GDP was downgraded to 4.6% (in the first reading it was 5%)

To recap, on November 9, the Verkhovna Rada adopted the State Budget for the State Budget for 2024 as a whole.