The state budget deficit exceeded 13 billion UAH

The Ukrainian government has increased the financing of social benefits.

Дефіцит державного бюджету перевищив 13 млрд грн

The expenditures of the state budget of Ukraine in the first two months of 2019 were up by 22.3% and amounted to UAH 138.4 billion. Revenue rose 12% to 124.8 billion. About it reported in a press-service of the Ministry of Finance, informs Rus.Media.

Increased costs to social security (pensions, benefits, scholarships) – from 2.2 times to UAH 30 bn. The government is preparing for elections. Have intensified military: General Fund expenditures on security and defense amounted to UAH 21.8 bn (+34.6 per cent). Public debt service has spent 3.5% more – 12.1 billion UAH.

It is also reported that General Fund revenues were made to 89.7%. The amount of VAT refunds amounted to 32.8 billion, and overpayment at the beginning of February on rental payment for natural gas – 0.6 billion UAH.

The income of special Fund of the state budget is made on 178,6%:

  • 7.7 billion UAH was received from the customs clearance of cars on foreign registration;
  • 1.5 billion was confiscated by the court for Commission of a corruption offense.

The state budget deficit for the first two months of 2019 amounted to UAH 13.6 billion. He was financed by domestic borrowing. In General, in January-February the Ministry of Finance placed government bonds for an amount equivalent to 60.1 billion UAH.