Free Economy Institute
The consolidated budget of Ukraine in a 5-year perspective

Modeling public spending in a 5-year perspective proves that in the case of tight control of public spending and the elimination of some functions, it is possible to switch to a surplus budget in the second year of the reform.

The resulting budget surplus is planned to be used to pay off domestic debts and external debts that are too valuable in servicing, as well as to further increase funding for the armed forces, law enforcement agencies and the judicial system. In the future, it is possible to consider the further reduction of the tax burden.