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The Verkhovna Rada adopted the state budget for 2021 with a deficit of 5.5% of GDP, the hryvnia kept strengthening, while entrepreneurs continued their protest action against the introduction of a lockdown and tougher fiscalization – these are the key economic developments of the outgoing week.
The third week of December was marked by the passing of a new law on which the country's economic development will depend next year: the Verkhovna Rada approved the government-proposed bill on the state budget 2021 with a deficit of 5.5% of gross domestic product.
Reporting on the bill in parliament, Minister of Finance Serhiy Marchenko noted that the state budget draft was balanced and realistic.