Photo from UNIAN
The national budget's general fund in the first half of 2018 fell short of US$538 million in revenue.
Chairman of the Accounting Chamber of Ukraine Valeriy Patskan says the Chamber, based on the analysis of indicators in the first half of 2018 (H1), notes the risks of failing to fulfill the national budget in 2018.
Read alsoUkraine sees almost UAH $13.4 bln budget deficit in Jan-July
The national budget's general fund in the first half of the year fell short of UAH 15 billion (US$538 million) in revenue, while delayed wages paid to workers at Ukrainian enterprises grew to UAH 2.7 billion ($96.8 million), which is the largest amount since 2010, according to the Chamber's website, referring to Patskan.
At the same time, the National Bank of Ukraine in H1 2018 transferred UAH 38 billion ($1.4 billion) to the general fund from UAH 44.6 billion ($1.6 billion) in its annual amount of funds, while UAH 8 billion ($286.8 million) was received from the sale of 4G licenses to mobile operators.
In total, the national budget's general fund fell short of UAH 74 billion ($2.7 billion). This sum includes UAH 56 billion ($2 billion) Ukraine did not receive due to the failure to place external state loan bonds, as well as UAH 4.5 billion ($161 million) the country failed to earn from the sale of state-owned assets.
As UNIAN reported earlier, the deficit of Ukraine's national budget in January-July 2018 was estimated at UAH 13.356 billion ($479 million) against a surplus at UAH 27.003 billion ($968 million) year-over-year.
The deficit of the national budget of Ukraine for 2018 is capped at UAH 80.6 billion ($2.9 billion), or 2.4% of GDP.