OREANDA-NEWS.  January 20, 2014. The Verkhovna Rada of Ukraine has approved the State Budget of Ukraine for 2014 on January.

Revenues of the state budget are UAH 392.6 billion, including general revenues – UAH 342.7 billion.

Expenditures and granting credits of the state budget are provided in the amount of UAH 471.3 billion, including general expenditures – UAH 409.4 billion.

Deficit limit of the state budget is planned in the amount of UAH 71.6 billion, representing about 4.3% of GDP.

The State Budget of Ukraine for 2014 provides an expansionary fiscal policy aimed at continuation of the gradual improvement of living standards.

In order to ensure adequate social protection of every citizen of Ukraine, progress increase of the size of the living wage and minimum wage is foreseen this year.