Revenues of Ukraine's local budgets up by 20%

Photo from UNIAN Receipts of own revenues of the local budgets&#39; general fund in January-June 2019 increased to UAH 128.8 billion (US$4.99 billion), which is 19.6%, or UAH 21.1 billion ($817 million) over the amount for the same period of 2018. That&#39;s according to Vice Prime Minister, Minister of Regional Development, Construction, Housing and Public Utilities of Ukraine Hennady Zubko, the press service of the Cabinet of Ministers reports. Read alsoUkraine&#39;s infrastructure minister: Cabinet may allocate US$389 mln for local roads in 2020 "In particular, personal income tax brought UAH 77.2 billion ($2.99 billion), which is UAH 13.9 billion ($538 million), or 22%, more than income for the corresponding period last year. Land rent payments brought UAH 15.6 billion ($604 million), or +23.4%. Actual revenues from the single tax stood at UAH 16.2 billion ($627 million), or +22.8%. Actual revenues from income tax on real estate stood at UAH 2.1 billion ($81 million), or +32.3%," the report said. As UNIAN reported earlier, revenues of local budgets across Ukraine over 2018 increased by 22%, to UAH 234 billion ($9.06 billion).

Revenues of Ukraine's local budgets up by 20%

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