The Ministry of Finance has started work on the draft state budget for 2017, as Minister of Finance Natalia Yaresko said at “Freedom of Speech” on ICTV on Monday, the press-service of the Ministry of Finance reports.
“We are starting to form skeleton of the budget for 2017 and start the process of three-year budgeting. This will be very difficult, but this is a very important step”, - Yaresko said.
According to her, the Ministry of Finance also started budgeting from “first hryvnia” – i.e. while drawing up budget for 2017 the department analyses each expense item.
“We do not want to stay till 4:00 a.m., passing the budget. We want that this year the budgeting process looks different than in the previous year”, - she summarized.
Previously Yaresko stated that in case of change of government in Ukraine IMF will take a break in the extended financial facility (EFF) program and will continue it only if the new government is ready to fulfill obligations, undertaken by their predecessors.
