Ukraine`s consolidated budget deficit touches UAH 23 billion

Ukraine`s consolidated budget deficit in the first seven months of 2016 was UAH 22.884 billion, compared to a surplus of UAH 15.392 billion in the same period last year, the National Bank of Ukraine (NBU) reported on its website.

The consolidated budget revenues for the the first seven months of 2016, excluding intergovernmental transfers, amounted to UAH 389.066 billion, while expenditures stood at UAH 410.561 billion, the report said.

Further, Ukraine`s national budget deficit from January-July was UAH 49.945 billion, which 22 times higher than the same period last year, when it was UAH 2.268 billion. The nation`s budget revenue in the first seven months was reported as UAH 301.300 billion, while expenses were UAH 349.996 billion.

As UNIAN reported earlier, Ukraine`s consolidated budget deficit in the first half of 2016 was UAH 11.3 billion, against a surplus of UAH 12.2 billion in the same period last year. The state budget deficit in the first half of 2016 amounted to UAH 35.1 billion. According to the NBU, the budget deficit in June was estimated at UAH 8.6 billion.

Avatar photo

UaPositon

An independent media focused on Ukraine.
Follow us on social media:
Facebook
Twitter
Instagram

Submit a Comment

Your email address will not be published.

Share This

Share this post with your friends!