Russian citizen serving time in US surprised by transfer to general wardWorld October 27, 10:13
Militants continue disrupting peace in Aleppo — Russia’s Defense MinistryWorld October 27, 8:33
Russia's UN envoy urges organization to prove Aleppo air strikes continueRussian Politics & Diplomacy October 27, 8:02
Media reports on Russian ships call into Ceuta are controversial — embassyRussian Politics & Diplomacy October 26, 22:03
Russia’s telecom watchdog tries to block LinkedIn through courtSociety & Culture October 26, 21:29
DPR envoy reports no constructive discussion on "Steinmeier formula" in MinskWorld October 26, 21:14
Six NATO countries say ready to dispatch their forces to Black Sea areaWorld October 26, 20:43
Moscow refutes allegations about plans for Russian cruiser's call into Spanish portMilitary & Defense October 26, 20:38
US, Israel abstain from UN GA vote condemning Cuba embargoWorld October 26, 20:31
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.