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Ukraine parliament approves 2018 draft budget at first reading
November 14, 2017 / 4:26 PM / 6 days ago

Ukraine parliament approves 2018 draft budget at first reading

KIEV, Nov 14 (Reuters) - Ukraine’s parliament on Tuesday approved at the first reading the 2018 draft budget, but it was not immediately clear if the bill meets all the fiscal targets of a $17.5 billion programme from the International Monetary Fund.

The budget will likely undergo a series of amendments before it is voted on a second time in parliament. The government prepared the budget on the expectation of a deficit of 2.4 percent and economic growth of 3 percent.

Reporting by Natalia Zinets; Writing by Alessandra Prentice; editing by Matthias Williams

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