Serhiy Lovochkin: As of year-end of 2021, health care, education and support for economic activity were underfunded

Although the revenue budget was fulfilled due to high inflation as of year-end of 2021, key areas as healthcare, economic support and education had not received the required funding. This was stated by MP Serhiy Lovochkin, commenting on the final data on the implementation of the last year’s state budget.

Lovochkin: Inflation Rate Reached 10% in Ukraine in 2021 Which Is the Highest in Recent Years

At the end of 2021, inflation rate amounted 10% as compared to December 2020, which was the worst indicator since 2017. MP Serhiy Lovochkin stated this commenting on the inflation data from the State Statistics Service.

Lovochkin: Investment Recovery Dynamics Remains Extremely Low

The dynamics of investment recovery in Ukraine remains extremely unsatisfactory, jeopardizing the pace of the nation’s economic revitalization. This was stated by MP Serhiy Lovochkin.

Lovochkin: Ukraine’s Economic Recovery Slower than in Neighboring Countries

Ukraine’s GDP in real terms in Q3 2021 was by 0.9 percent lower compared to Q3 2019, while Hungary, Romania, and Poland have already topped their pre-covid levels in economy. This was stated by MP Serhiy Lovochkin commenting on the most recent data by the State Statistics Service.

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