Revenue of Ukraine budget for 10 months grows by 15.4% y-o-y

At the same time, the budget failed to receive UAH 18 billion of target revenues.

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The revenue of Ukraine's national budget in January-October 2018 increased by 15.4% or UAH 99.921 billion ($3.6 billion) year-over-year (y-o-y), according to the national budget's performance indicators, published on Ukraine's State Treasury Service website.

The national budget over the period under review received UAH 747.389 billion (US$26.6 billion), in revenue, which was 2.3% or UAH 17.528 billion ($623.3 million) down from the target set for the period.

Read alsoUkrainian Treasury's balance estimated at US$520.6 mln as of Nov 1

The national budget of Ukraine for 2018 sets a goal of UAH 917.9 billion ($32.6 billion) in revenue and UAH 991.7 billion ($35.3 billion) in expenditures. The budget deficit is capped at UAH 80.6 billion ($2.9 billion), or 2.4% of GDP.

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