Draft State Budget-2025: forecast of the hryvnia exchange rate, inflation and main financial indicators

The Ministry of Finance of Ukraine has presented the draft State Budget for 2025, which envisages significant changes in the country's financial indicators. The budget is based on new forecasts for the hryvnia exchange rate, inflation rate, and economic growth.

The draft State Budget for 2025 sets the hryvnia exchange rate at UAH 45/dollar, and inflation at 9.5%. This was reported by People's Deputy Yaroslav Zheleznyak.

The hryvnia exchange rate, which is set in the Budget for next year, is 45 UAH/dollar. Inflation for next year is set at +9.5%. GDP growth is expected to be lower next year than this year, only +2.7%

– Zheleznyak reported.

In addition, the People's Deputy published the economic indicators specified in the article on the draft State Budget of Ukraine for 2025:

1. General fund revenues (excluding official transfers and grants): UAH 2007.4 billion.

2. General fund expenditures: 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. Healthcare: UAH 210.7 billion.

6. Education: 169.3 billion UAH.

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. Providing 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.

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