Business news from Ukraine

Business news from Ukraine

DEFICIT OF UKRAINE’S STATE BUDGET COMES TO UAH 871 MLN IN H1

The deficit of the national budget of Ukraine in January-June 2019 amounted to UAH 871 million, in particular the general fund deficit was UAH 8.67 billion with the target being UAH 22.99 billion, the State Treasury Service has said.
According to the agency, government borrowings for the six months amounted to UAH 246.8 billion, while debt repayment some UAH 210.67 billion.
In general, the national budget for this period received UAH 506.85 billion of revenues, the general fund revenues amounted to UAH 448.4 billion with the target being UAH 476.36 billion.
The national budget expenditures in January-June of this year were at the level of UAH 508.56 billion, in particular UAH 459.33 billion on the general fund with the plan standing at UAH 502 billion.
According to the report of the agency, local budgets in this period posted a surplus of UAH 21.93 billion, while the surplus of the general fund amounted to UAH 39 billion.
The surplus of the consolidated budget in the first half of the year was UAH 21 billion, including UAH 30.38 billion in the general fund.

, ,