Public debt payments in 2019 reduce the ability of the state budget to finance socio-economic costs. This was stated by the head of the Accounting Chamber Valery Patskan, Ukrainska Pravda reports.

According to him, the Accounting Chamber approved and sent to the Verkhovna Rada the relevant conclusions and proposals after examination of the bill on the state budget for 2019.

“More than 40 % of the state budget revenues are to be paid for repayment and servicing of public debt, which reduces budget possibilities for social and economic costs, which means that opportunities for raising pensions, salaries and social benefits, as well as for the construction of roads, new schools, hospitals, kindergartens, and general infrastructure development are reduced,” said Patskan.

Recall that the Cabinet of Ministers has put in the draft budget a minimum wage at the level of 4.173 hryvnias, but this issue is still being discussed.

Leave A Reply