Seven parties to participate in Syrian talksWorld January 22, 9:54
Russia’s Pavlyuchenkova reaches Australian Open quarterfinalsSport January 22, 7:19
IBU Executive Board finds no grouns to suspend Russia's biathlon teamSport January 21, 22:53
Russia terrified watching monuments destroyed in Palmyra — culture ministerRussian Politics & Diplomacy January 21, 17:08
Russian bombers deliver successfully strikes on terrorists' facilities in SyriaWorld January 21, 15:39
Denmark uses Russian data in its application for expanding shelf — ministerBusiness & Economy January 21, 15:15
Agreement on bases in Syria to serve strengthening of stability in Middle East — MPRussian Politics & Diplomacy January 20, 21:18
Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
KIEV, November 19. /TASS/. Ukraine’s budget for next year will focus on national security and defense, Prime Minister Arseniy Yatsenyuk said in an interview with Focus magazine on Thursday.
"National security and defense undoubtedly constitute the basis of the budget. As was stated, we’ll allocate 100 billion hryvnia [$4.2 billion] for these purposes. This is because the war is far from its completion, judging by the latest reports. Also, we should keep the budget deficit at 3.7% as was agreed with the IMF," the premier said.
Tax reform in Ukraine will require state budget cuts by more than 60 billion hryvnia ($2.5 billion), Yatsenyuk said.
Ukrainian Finance Minister Natalia Yaresko earlier said "difficult decisions" were required to cut 2016 budget expenditures by at least 60 billion hryvnia or possibly by 200 billion hryvnia ($8.7 billion), i.e. by 25% The Ukrainian finance minister also proposed cutting budget expenditures at the expense of health care and education.