Today, on May 22, the parliament has adopted the budget resolution for 2013 with 240 votes in favour. The document provides for GDP growth at 4.5% in 2013, nominal GDP at 1 687.8 billion hryvnias, inflation forecast at 5.9%, unemployment level at 7% and producer price index at 6.3%. Budget deficit is expected at 0.8-1% of GDP.
The document does not provide for exact data on average annual dollar rate, saying that the currency rate forecast will take into account gradual increase of hryvnias rate flexibility following the restoration of the financial system of the country and the improvement of mechanisms of monetary transmission of interest rate fluctuations.
The document also provides for the list of priority budget programs with President's message to the parliament on external and internal position of Ukraine. Then follows the national plan of action on realization of economic reforms for 2010-2014, and the third top priority is the state program of economic and social development for 2013.
The Cabinet notes that the given indices can vary after receiving factual data on results of the economic development for 2011 and immediate statistics data on the situation in 2012.
The document does not provide for exact data on average annual dollar rate, saying that the currency rate forecast will take into account gradual increase of hryvnias rate flexibility following the restoration of the financial system of the country and the improvement of mechanisms of monetary transmission of interest rate fluctuations.
The document also provides for the list of priority budget programs with President's message to the parliament on external and internal position of Ukraine. Then follows the national plan of action on realization of economic reforms for 2010-2014, and the third top priority is the state program of economic and social development for 2013.
The Cabinet notes that the given indices can vary after receiving factual data on results of the economic development for 2011 and immediate statistics data on the situation in 2012.
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