Ukraine's budget revenue below target by 5.8% in Feb-Jan 2018

Ukraine's national budget in January-February 2018 received UAH 111.458 billion, or US$4.2 billion, in revenue, which was 5.8% below the planned figure.

Read alsoUkraine's budget revenue exceeds target by 2.8% in Jan 2018Revenue of the state budget over the period under review was 0.5% down year-over-year (y-o-y), Ukraine's Treasury Service said.

The local budgets posted UAH 34.297 billion ($1.3 billion) in revenue in January-February 2018, which exceeded the target by 1.8% and was 18.3% up y-o-y.

UNIAN memo. The national budget of Ukraine for 2018 provides for UAH 917.9 billion ($34.4 billion) in revenue and UAH 991.7 billion ($37.2 billion) in spending. The budget deficit is capped at UAH 80.6 billion ($3 billion), or 2.4% of GDP.