Budget with deficit of UAH 64 billion proposed to Rada

The government proposes to the Verkhovna Rada to consider the draft state budget with revenues of UAH 475 billion and expenditures of UAH 527 billion.
A text of the document is posted on the parliament’s website.
“To determine for 2015: revenues of the state budget of Ukraine to the amount of UAH 475.23 billion, including revenues of the general fund of the state budget of Ukraine – to the amount of 452.77 billion, and revenues of the special fund of the state budget of Ukraine – to the amount of UAH 22.46 billion; expenditures of the state budget of Ukraine to the amount of UAH 527.19 billion, including expenditures of the general fund of the state budget of Ukraine – to the amount of UAH 502.93 billion and expenditures of the special fund of the state budget of Ukraine – to the amount of UAH 24.25 billion,” the draft law notes.
The maximum volume of the budget deficit is determined to the amount of UAH 63.7 billion, and the working balance of the budget funds to the amount of up to 2% of expenditures of the general fund of the state budget.
In addition, the draft state budget envisages the return of credits to the budget to the amount of UAH 4 billion, granting loans from the state budget to the amount of UAH 15.7 billion.

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