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You're reading: Government to consider draft budget resolution for 2013 on April 2

The Ukrainian government is planning to consider a draft budget resolution for 2013 at a meeting on Monday, April 2, Economic Development and Trade Minister Petro Poroshenko has said.

"There was a preliminary discussion, and [the draft resolution] will be submitted on Monday for a final decision," he told reporters after a government meeting on March 28.

Poroshenko said that the Ministry of Economic Development and Trade was currently working out macroeconomic figures that will be included in the budget resolution for 2013. He said he was confident that this work would be completed by the end of this week.

As reported, the forecast for the country’s economic and social development for 2012 and the main macroeconomic figures of economic and social development for 2013 and 2014, which was approved by the government on August 31, 2011, foresees GDP growth in 2013 at 6.5% and inflation at 6.2% according to the optimistic scenario and GDP growth at 4.5% and inflation at 5.9% according to the pessimistic scenario.

The government has envisaged in the state budget for 2012 the forecast of real GDP growth at 3.9%, but expects to keep its dynamics at 5-6%. The government expects inflation in 2012 at 7.9%.

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