Shmyhal gave economic forecast for 2021



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Shmyhal gave economic forecast for 2021

Photo: press service of the Cabinet of Ministers

We are entering the new year with forecasts for economic growth of 5%, Shmygal said.

By the end of this year, budget revenues will be significantly exceeded and Ukraine will enter in 2021 with a forecast of economic growth of 5%, the prime minister said.

In 2021, according to the government’s economic forecast, the growth of the Ukrainian economy should be at least 5%, Ukraine’s Prime Minister Denis Shmyhal said on Facebook.

“We enter 2021 with an economic growth forecast of almost + 5%. For this we have everything we need: strategy, resources and the will to work together for the good of our country,” Shmygal wrote on his Facebook page on Saturday . In the afternoon.

The head of government pointed out that as of December 23, the general fund of the state budget was 100% fulfilled.

“By the end of the year, budget revenue will be significantly exceeded. When our government arrived in March, the lag in revenue was almost 40 billion UAH. Thanks to active work to combat schemes and twists, this figure leveled off. Compared to last year, the tax authorities are ending the year with an increase in tariffs by more than 60 billion UAH, “Shmyhal said.

The prime minister stressed that the state fully meets its obligations, in particular to finance capital expenditures.

“The Single Treasury Account as of December 23 had more than UAH 60 billion, and this is an absolute record for that date. All wage debts have been paid to the miners, funds have been allocated for the purchase of vaccines, payments additional in the amount of UAH 8,000 to Ukrainians whose activities will be canceled due to the “winter holiday quarantine” is already being implemented, “he summarized.

According to the Ministry of Economy, according to the October results, the decline of the Ukrainian economy slowed to 5.2% compared to 5.5% the previous month.

The department expects that in the first quarter of next year, the fall in GDP will be 3%, but by the end of the year it is expected to grow to 4.6%.

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