Budget 2021 approved with 5.5% of GDP deficit

UKRAINE - In Brief 16 Dec 2020 by Dmytro Boyarchuk
Yesterday, on Dec 15, parliament voted in spending plan 2021 with 5.5% of GDP central budget deficit.The final document has not been released year but it is expected to be close to the one we analyzed recently. The authorities claim the spending plan was approved by the IMF but we did not see any confirmation from the IMF on these words so far.

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