Council of the Republic approved 2020 budget

03.12.2019

The Council of the Republic has approved the draft budget for 2020. Its revenue will be formed by export and taxes. The senators have supported the social orientation of the document. More than 40% of the funds will go to education and healthcare, raising pensions and salaries of state employees. To avoid artificial growth of wages and negative consequences for the economy, labor productivity will have to increase in proportion to wages.

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