According to him, all these risks are the too rapid growth of current expenses - the growth rate significantly exceeds the nominal growth of the economy, and in a significant slowdown of some reforms.
Together, this will harm the competitiveness of Ukraine, and in the end will threaten its debt sustainability.
To this end, according to Ljungman, it is important to observe a fiscal policy that will meet three goals: reducing debt by keeping fiscal deficits at a low level; control of current expenses; Implementation of reforms to improve the tax system and quality of public services.
As previously reported, "URA-Inform", according to Vitali Klichko, the Association of Cities was the subject of the development of the state budget of Ukraine. Local authorities, the Association of cities in the country eventually managed to defend the interests of communities - in the adoption of the state budget for 2018.