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 Poroshenko signs state budget law 2016

President Petro Poroshenko signed the law on the state budget for 2016 on Thursday, Dec. 31.

This is reported by Censor.NET citing the Presidential Administration press service.

Read more: Poroshenko signs Tax code amendments

As reported, the Verkhovna Rada of Ukraine supported the state budget 2016 law on Dec. 25.

The law provides for increased revenues by 15.1 percent or 88.1 billion UAH ($3.4 billion) compared to those of 2015 and totaling to 595.1 billion UAH, while expenses and loans increased by 14.5 percent or 86.7 billion UAH, reaching 684.6 billion UAH.

On Dec. 29 the law was signed by speaker of the Verkhovna Rada Volodymyr Hroisman and sent to the president's office for Poroshenko's signature.
 
 
 
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