KIEV, Aug. 1 – Ukraine's revised national budget passed by the Ukrainian parliament on Thursday is based on the forecast of GDP fall of 6% in 2014 with inflation of 19.5%.

"Taking into account the state of the national economy, including the situation in the eastern part of Ukraine and relations with Russia, it is expected that GDP will fall by 6% in 2014 and prices on the consumer market will grow by 19.5% [December on December]," reads the revised explanatory note to the government's draft amendments to the national budget.