The Cabinet of Ministers of Ukraine on the first day of the week approved the draft state budget for 2016, the document is submitted to the Verkhovna Rada, said Deputy Prime Minister Vyacheslav Kyrylenko.
"Since the crack of dawn there was a meeting of the Cabinet of Ministers. We approved the draft state budget. I think he is already registered or registered with the Secretariat of the Verkhovna Rada of Ukraine", - has informed Kirilenko during the meeting of the conciliatory Council of leaders of parliamentary factions, reports RIA " Novosti ". According to Kirilenko, the draft state budget envisages a two-fold increase of social standards – 1 may and 1 December 2016. According to the law, the Cabinet of Ministers shall submit the draft state budget to the Verkhovna Rada to fifteen September. In early autumn, Ukrainian Finance Minister Natalie Jaresko at the meeting of the Council of economic stability, said that in Ukraine there is a tendency to financial stability, the country has the resource to fulfill the 2015 budget in General. It was furthermore argued that the defense budget of Ukraine in 2016 will increase to 5% of GDP.