Prime Minister of Ukraine Arseniy Yatsenyuk said that the adoption of the state budget for 2016 will be even more complex than the budget for the current year due to the decrease of state budget revenues and increased expenditure.
"I wish to announce that the budget for 2016 will be even more difficult than the budget 2015," said Yatsenyuk at the meeting of the Collegium of the Ministry of Finance of Ukraine on the first day of the week.
according to him, among the reasons for the difficulties of adopting the state budget predicted a decrease in revenues from the national Bank of Ukraine.
"The first reason is the significant reduction of funds coming from the national Bank of Ukraine, last year they earned a lot, this year will earn a lot less, we estimate a fall of minus 40 billion hryvnia (about 1, 8 billion dollars)," - said Yatsenyuk.
In addition, Yatsenyuk has noticed that during the coming year it is expected to reduce revenues by abolishing import import duty, the government would wipe 17, 5 billion hryvnia (about 0, 8 billion dollars).
Also is expected to increase state budget expenditures on subsidies for residents in connection with increase of tariffs in the energy sector, these objectives over the next year planned 20 billion hryvnia (about 0, 9 billion) costs. In addition, significant funds from the budget in the coming year will be to go for the indexation of wages and pensions, the beginning of which is scheduled no later than December of this year.