Finance ministry proposes 2017 budget resolution with UAH 27.20/$1 exchange rate

16:47, 08.06.2016 1 min read

The draft budget resolution for 2017 drawn up by Ukraine's Finance Ministry includes GDP growth of 3%, inflation of 8.1% and exchange rate of UAH 27.20/$1, Finance Minister Oleksandr Danyliuk said at a briefing on Wednesday.

He said that nominal GDP in 2017 is planned at UAH 2.585 trillion.

"One should not mix forecast for three years with the three-year resolution. These are different things. What we are submitting today is the budget resolution that meets our legislation. It does not significantly differ from the document submitted in March," the minister said.

Danyliuk said that on June 10 the document will be presented to the government committee.