Ukrainian Budget-2011 will be reviewed by Verkhovna Rada tomorrow

Ukrainian Budget-2011 will be reviewed by Verkhovna Rada tomorrow

Tomorrow, November 14,  in Verkhovna Rada will be  the presentation of the state budget draft for 2011 by the Cabinet of Ministers and its adoption on first reading. When the project will be approved in the first reading, til December 19 deputies, committees and factions must submit their proposals to the bill draft for review on second reading.

According to Volodymyr Lytvyn, the Chairman of the Verkhovna Rada, until December 22 the Verkhovna Rada Committee on Budget and the Cabinet of Ministers shall prepare the bill for the second reading. And already on December 24 Verkhovna Rada should review the bill on second reading and approve in whole.

"We have to approve the budget before the new year.  A calm, professional and objective discussion should take place in parliament on this issue", - said Vladimir Litvin.

In addition, according to Chairman, at the same time the Law on introduction of changes to the Budget Code in connection with the adoption of the budget for 2011 should be adopted.

Tags:

finance

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