Ukraine's parliament approved changes to the 2023 state budget that raise state spending to support small businesses and channel more funds into reconstruction and recovery projects following Russia's invasion. Roksolana Pidlasa, the head of the parliamentary budget committee, said spending was increased by 5.5 billion hryvnias ($150 million). The increase included funds to finance and modernize hospitals in Kyiv and Lviv and to rebuild bridges damaged in Russia's war on Ukraine. The amended budget also plans for 1.28 billion hryvnias in additional support for small businesses in the processing industry and state guarantees for loans in the agriculture sector. To read the original story from Reuters, click here.
Ukraine's Parliament Amends 2023 Budget, Raises Spending
Roksolana Pidlasa, the head of the parliamentary budget committee (file photo)