Capital expenditures of the national budget of Ukraine in 2017 increased by UAH 14.2 billion, or by 53%, compared to 2016, to UAH 40.9 billion, Deputy Finance Minister Serhiy Marchenko said, when presenting the national budget figures in Kyiv. According to the materials presented, total expenditure of the budget last year amounted to UAH 839.5 billion, which is 3.6% less than the target.
According to him, the ministry estimates the growth of capital expenditures as one of the main successes of the national budget along with the reduction in the actual deficit to UAH 47.9 billion, or 1.6% of GDP.
According to the ministry, in 2016 capital spending amounted to UAH 26.6 billion, in 2017 some UAH 17.5 billion. The revenues of the general fund of the national budget for 2017 amounted to UAH 698.4 billion against the planned UAH 702 billion, Marchenko noted.
