MOSCOW, July 25 — RIA Novosti. Ukraine’s global budget deficit is expected to reach $ 50 billion by the end of the year, representing 30-35% of the country’s GDP, said Oleg Ustinenko, economic adviser to Volodymyr Zelensky.
«Our government budget has a monthly deficit of about $ 5 billion. And we planned it to be $ 7 billion for the full year, but we got it monthly. I would expect a global budget deficit of about $ 50 billion by the end of the year.» 30-35% of our GDP. This is a very large deficit. This is the problem of the war. Therefore, such a deficit, «Ustinenko said on a nationwide teletone.
Former Minister of Finance Ukraine Sergei Marchenko He said that the Ukrainian budget deficit is around $ 5 billion a month, two-thirds of the budget it receives through foreign loans and subsidies. At the same time, he said, three-quarters of budgetary expenditure falls on military needs.
