The 2019 state budget draft projects a deficit of 2.26% of GDP

The 2019 state budget draft projects a deficit of 2.26% of GDP, down slightly from 2.4% of GDP planned for 2018. In the budget, the Finance Ministry Ministry plans to place $3.5 billion worth of Eurobonds on the external debt market. Dragon Capital writes: “The proposed deficit target is in line with Ukraine’s commitment under the current IMF program.”