State Fiscal Service of Ukraine reports 30% increase in tax revenues to consolidated budget

Tax revenues in the consolidated budget of Ukraine, including the state budget and local budgets, in January-August 2016 increased by 30% year-over-year, to UAH 475 billion, head of the State Fiscal Service of Ukraine Roman Nasirov said at a Cabinet meeting on Tuesday.

”The main result is the increase in revenues to the consolidated budget – state budget and local budgets – it is almost UAH 475 billion. If we compare this with the previous year, it is UAH 110 billion more than in the same period last year,” he said.

As UNIAN reported earlier, according to Nasirov, major growth in tax revenues in 2017 will be provided at the expense of de-shadowing.

The Cabinet of Ministers of Ukraine published a draft state budget of Ukraine for 2017, with a deficit limit at UAH 77.547 billion. According to the document, the state budget revenues are set in the amount of UAH 706.269 billion, while the expenditures are at UAH 775.265 billion.

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