Russian Knights aerobatic team to perform at Dubai airshowMilitary & Defense July 20, 21:28
Russia looks to its Navy to become world secondMilitary & Defense July 20, 19:10
ExxonMobil disagrees with US Treasury Department’s decision to assess fineBusiness & Economy July 20, 18:45
Putin signs decree on Russia’s navy policy until 2030Russian Politics & Diplomacy July 20, 18:39
Putin personally congratulates human rights champion Alexeyeva on her 90th birthdaySociety & Culture July 20, 18:20
Russian boxer Povetkin reinstated into WBO’s ratings, ranked eighthSport July 20, 18:08
Russia’s Syria campaign spending within current combat training costs — Defense MinistryMilitary & Defense July 20, 17:59
Putin says 80% of Russians friendly to people from different ethnic groupsRussian Politics & Diplomacy July 20, 17:51
Russia to develop cruise missiles capable of striking targets at 1,000km rangeMilitary & Defense July 20, 17:42
KIEV, December 4. /TASS/. The Ukrainian government’s draft budget for 2016, which contains many unrealistic promises and envisages heavy public spending cuts, may result in the resignation of the Cabinet of Ministers, the director of the Ukrainian Institute of Politics and Management Analysis, Ruslan Bortnik, has said.
"As far as the budget is concerned, it cuts spending on the social sector - medicine, education, and the system of social insurance, at least by 10-15 billion," Bortnik said.
Economics expert Alexander Okhrimenko believes that the Ukrainian draft budget for next year has nothing to do with the real economy.
"All of the budget parameters are what the International Monetary Fund would like to see. It has been drafted for an imaginary country that does not exist in reality. The budget is of no economic value at all," Okhrimenko believes.
He believes that the Ukrainian budget will be revising the 2016 draft budget until the International Monetary Fund likes it, which is essential for getting another tranche.