KIEV, April 20 – The state budget deficit must be limited to 4.5% of GDP in 2011, while the redistribution of GDP via the budget must not exceed 30.5% of GDP, according to a budget declaration adopted under a cabinet resolution announced on Tuesday.
According to the document, the amount of state debt must remain at the economically safe level of up to 40% of GDP, and the volume of guarantees given by the government to realize investment and innovation projects must not exceed 3% of GDP.
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