The Ministry of Finance of Ukraine presented the project of the State Budget for 2025, which foresees significant changes in the country's financial indicators. The budget is based on new forecasts regarding the hryvnia exchange rate, the inflation rate and economic growth.
The draft State Budget 2025 set the hryvnia exchange rate at 45 UAH/dollar, and inflation at the level of 9.5%. People's deputy Yaroslav Zheleznyak reported this.
The exchange rate of the hryvnia, which is laid down in the Budget for the next year, is 45 hryvnias/dollar. Inflation for the next year is assumed to be +9.5%. GDP growth is expected to be lower next year than this year, only +2.7%
In addition, the People's Deputy made public the economic indicators specified in the article on the draft State Budget of Ukraine for 2025:
1. Revenues of the general fund (without official transfers and grants): 2007.4 billion UAH.
2. Expenditures of the general fund: UAH 3,643.6 billion.
3. Financial resources for the security and defense sector: UAH 2,223 billion (26.3% of GDP).
4. Support for socially vulnerable citizens: UAH 419.2 billion.
– Pension fund: UAH 237.9 billion.
– Assistance to low-income families and individuals in difficult life circumstances: UAH 127.9 billion.
– Payment of benefits and subsidies: UAH 42.3 billion.
5. Health care: UAH 210.7 billion.
6. Education: UAH 169.3 billion.
7. Culture and information space: UAH 9.6 billion.
8. Digital transformation: UAH 4.0 billion.
9. Scientific research: UAH 14.0 billion.
10. Entrepreneurship Development Fund: UAH 18 billion (soft loans under the "5-7-9%" program).
11. Grants for business: UAH 1.4 billion.
12. Support for regions: UAH 12.2 billion (subsidy to compensate for the difference in tariffs).
13. Provision of housing for citizens: UAH 9.4 billion.
14. Humanitarian land demining: UAH 1 billion.
15. State fund for decarbonization and energy-efficient transformation: UAH 1.75 billion.
16. Subsidy to local budgets: UAH 51.2 billion.
17. Reserve fund: UAH 43.9 billion.
18. External borrowings: UAH 1,658.4 billion.
19. Domestic borrowing: UAH 579.2 billion.
20. State budget deficit: 19.4% of GDP.