Investor Presentaiton
2022-2024 Budget Declaration
Key indicators of 2022 Draft Budget Law and 2022-2024 Budget Declaration
2020
2021E
2022F
2023F
2024F
Key macroeconomic assumptions
4,192
4,809
5,369
5,994
6,651
(4.0%)
4.1%
3.8%
4.7%
5.0%
5.0%
8.9%
6.2%
5.3%
5.0%
14.5%
17.0%
7.8%
6.2%
5.7%
9.5%
9.2%
8.5%
8.0%
7.8%
(1.8)
(6.2)
(8.6)
(10.6)
(12.1)
On September 15, the
Government has
approved 2022 Draft
Budget Law and
submitted it to the
Parliament
On May 31, the
Government approved
the Budget
Declaration for 2022 -
2024 for the first time,
and on July 15 it was
considered by the
Parliament of Ukraine
The Budget
Declaration for 2022-
2024 is the
Government's vision
of the budget policy
for the medium term.
The document defines
the main budget
indicators and the
goals of the state
policy with the key
Nominal GDP, UAHbn
Real GDP growth, %
CPI (eop), %
PPI (eop), %
Unemployment rate, %
Trade deficit, USDbn
(i) Revenues
as % of GDP
(ii) Expenditures
as % of GDP
(iii) Net lending
as % of GDP
Key state budget indicators, UAHbn
Actual
Law1
Draft Law2
3Y Budget
3Y Budget
Declaration
Declaration
1,076.0
1,097.5
1,267.4
1,333.2
1,451.6
25.7%
22.8%
23.6%
22.2%
21.8%
1,288.1
1,335.2
1,441.9
1,497.0
1,614.1
30.7%
27.8%
26.9%
25.0%
24.3%
5.5
9.2
13.5
16.0
17.1
0.1%
0.2%
0.3%
0.3%
0.3%
217.6
246.8
188.0
179.8
179.6
5.2%
5.1%
3.5%
3.0%
2.7%
53.9%
56.9%
50.8%
48.0%
46.4%
7.0%
7.8%
6.9%
6.6%
6.0%
60.9%
64.7%
57.6%
54.6%
52.4%
ERVE
Overall state budget deficit
as % of GDP
State debt, as % of GDP
performance
State-guaranteed debt, as % of GDP
indicators.
State and state-guaranteed debt, as % of GDP
Source Ministry of Finance of Ukraine, State Treasury Service of Ukraine
Note 1 As of July 2021 (based on the monthly budget execution report of the State Treasury Service of Ukraine)
Note 2 As of September 15, 2021
September 2021
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