Sistema reports arrest of its stakes in MTS, Medsi, BES as part of dispute with RosneftBusiness & Economy June 26, 20:58
Russian submarine successfully test-fires Bulava intercontinental missileMilitary & Defense June 26, 19:20
Rosneft and RBC reach friendly settlement on defamation lawsuitBusiness & Economy June 26, 18:50
Number of centers issuing FAN IDs to be increased ahead of FIFA Confederations Cup FinalSport June 26, 18:33
News about anti-doping probe against Russian football team players is fake — executiveSport June 26, 18:25
Putin refers to State Duma Council of Europe convention against financing terrorismRussian Politics & Diplomacy June 26, 18:15
Russia to lay down 2 diesel-electric submarines for Pacific Fleet in JulyMilitary & Defense June 26, 18:07
Russia’s Khramtsov wins first gold at 2017 World Taekwondo ChampionshipsSport June 26, 18:03
Russian Navy to get four frigates by 2020Military & Defense June 26, 17:41
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.