You're reading: Cabinet approves draft state budget 2022, sends it to Rada

The Cabinet of Ministers of Ukraine has approved the draft law on the state budget of Ukraine for 2022 and sent it to the Verkhovna Rada.

The document was approved at a government meeting on Sept. 15.

“The budget for 2022 is not only balanced and realistic, but also the budget for modernizing the country, restoring the economy and investing in people, in their health, education and development,” Prime Minister Denys Shmyhal said at the meeting.

According to him, the draft budget envisages Hr 197.2 billion for healthcare.

“This is Hr 31 billion more than this year. Compared to 2019, the budget for healthcare has doubled. Such an increase in expenditures makes it possible to set the minimum salary for a doctor at Hr 20,000 in 2022. The average salary for doctors will be higher than UAH 22,500,” he said.

Some Hr 185.6 billion will be assigned for education, which is Hr 21 billion more than this year.

In addition, Hr 329 billion will be provided for social protection, 5.95% of GDP (Hr 319.4 billion) for the security and defense sector, Hr 13.5 billion for culture, Hr 11.3 billion for sports, more than Hr 120 billion for road construction.

Some Hr 53.3 billion will be budgeted for regional development.

“The main macroeconomic parameters: a decrease in the budget deficit to 3.5%, a reduction in public debt, an increase in wages, a stable hryvnia exchange rate, a decrease in inflation, a record level of GDP growth over the past 10 years – as a result of our reforms,” Shmyhal said.