Revenues of Ukraine`s consolidated budget in January-July 2016 amounted to UAH 352.4 billion, which is higher by UAH 73.3 billion, or 26.3%, compared to the same period last year, the press service of the State Fiscal Service reported.
According to the report, the state budget revenues for the period under review, including transfers in accordance with the Budget Code, amounted to UAH 274.5 billion. Local budgets received UAH 77.9 billion in revenues.
Revenues of the state budget`s general fund totaled UAH 274.5 billion, or 103.1% of the target set by Ukraine`s Finance Ministry.
Since the beginning of the year, a total of UAH 48.2 billion in value added tax refunds was paid. payments of single social security tax to the budget amounted to UAH 73.3 billion.
As UNIAN reported earlier, revenues of Ukraine`s consolidated budget in 2015 amounted to UAH 587.1 billion, which was higher by UAH 162 billion, or 38.1%, as compared to 2014.