The Committee on Budget recommends that the Parliament adopt as a basis and in entirety the draft law on amendments to the Law "On the State Budget of Ukraine for 2014" (re fulfilling duties under the national debt)

Information Department of the Verkhovna Rada of Ukraine Secretariat
18 December 2014, 10:12

By amending article 5 and annexes 2 and 3 of the Law "On the State Budget of Ukraine for 2014", the bill (Reg. No. 1125) suggests:

increasing the national debt limit as of the end of the year by UAH 161392,4 mln;

increasing national borrowings by UAH 13842,99 mln and expenses for principal repayment of national debt by the same sum without changing the limit of the state budget deficit;

reallocating expenditures of the state budget general fund in the amount of UAH 3044,4 mln.

During the December 17 meeting, the Committee considered the abovementioned bill; following the results of consideration, it adopted the decision to recommend that the Verkhovna Rada adopt the bill as a basis and in entirety as a law with consideration of proposals outlined in the Committee's letter of conclusions.