Economy

Budget policy

Cabinet plans UAH 52 bn deficit in the national budget

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The Cabinet of Ministers of Ukraine introduced the national budget for 2015 with UAH 475 mn (US $28.72 mn) revenues and UAH 527 mn (US $31.86 mn) expenditures for consideration to the Verkhovna Rada, according to the draft No. 1000 on the national budget.

“To determine for 2015: the revenues of the national budget of Ukraine in the amount of UAH 475.240 mn (US $28.73 mn), including the revenues of the general fund of the national budget of Ukraine in the amount of UAH 452.771 mn (US $27.37 mn) and the revenues of the special fund of Ukraine in the amount of UAH 22.468 mn (US $1.36 mn); the expenditures of the national budget of Ukraine in the amount of UAH 527.193 mn (US $31.87 mn), including the expenditures of the general fund of the national budget of Ukraine in the amount of UAH 502.936 mn (US $30.41 mn) and expenditures of the special fund of the national budget of Ukraine in the amount of UAH 24.257 mn (US $1.47 mn),” according to the budget’s draft.

The specified draft of the national budget 2015 also determines the repayment of budget’s loans in the amount of UAH 4 bn (US $240 mn), issuing loans from the national budget in the amount of UAH 15.7 mn (US $0.95 mn).

Source: RBC-Ukraine
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