Government approves draft state budget for 2020 for the second reading

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Photo/Ukraine's Cabinet

The Cabinet of Ministers of Ukraine has approved the draft State Budget for 2020 for sending it to the Verkhovna Rada for second reading.

“Given the decision of the National Security and Defense Council and the commission on the allocation of funds for investment projects, the budget has been finalized. We will complete and hand over the document to the Verkhovna Rada as soon as possible,” the press service of the Government quoted Finance Minister Oksana Markarova, as saying.

In addition, it is noted that from today, November 4, the Cabinet will discuss the draft budget with MPs and the President, and after submitting it to the Verkhovna Rada, the document will be presented to people.

On October 18, VR adopted the draft State Budget 2020 in the first reading.

As The Journalist reported, Ukrainian Government may amend Budget Code.

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