|Ukraine’s 2021 budget spending seen up 5.1% to UAH 1.35-trln|
Journal Staff Report
The draft state budget for 2021 provides for an increase in receipts by 9.4%, expenditure - by 5.1%, Minister of Finance Serhiy Marchenko said. "Receipts are envisaged at the level of UAH 1.071 trillion, expenditure – at UAH 1.35 trillion," he said, presenting the draft national budget at a press conference in Kyiv on Monday. According to Marchenko, the main increase in receipts is foreseen at the expense of more efficient administration of value added tax (VAT).