The Verkhovna Rada of Ukraine voted for a resolution prepared by head of the parliament's budget committee MP Yevhen Heller of the Party of Regions, according to which the parliament should adopt the national budget for 2014 on January 16.

According to the resolution, Ukraine's draft budget for 2014 will be submitted to the Verkhovna Rada on December 19.

Than, no later than on January 8, the Verkhovna Rada will consider the bill on the state budget for 2014, will formulate proposals to the bill and submit them to the budget committee. At the same time, the resolution states the Verkhovna Rada's budget committee will not consider the proposals that the parliament will receive after 1200 on January 8, 2013.

The Verkhovna Rada's budget committee will then have on January 16 to formulate proposals to the bill on the 2014 state budget together with government representatives, and to submit these proposals to the parliament.

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