Ukraine sees US$442 mln budget deficit in Jan

The deficit of Ukraine's national budget in January 2019 was estimated at UAH 11.934 billion, or US$442 million, against a surplus of UAH 7.871 billion, or $292 million, year-over-year (y-o-y).

Read alsoUkraine may get US$8.5 bln from placement of eurobonds – NBU

The surplus of the country's consolidated budget over the period under review was UAH 399 million ($14 million) against a surplus of UAH 20.515 billion ($760 million) y-o-y, according to Ukraine's Treasury Service.

As UNIAN reported earlier, the deficit of Ukraine's national budget in 2018 was estimated at UAH 59.248 billion ($2.2 billion), which was 23.7% up from the deficit posted in 2017. The deficit of Ukraine's national budget for 2018 was capped at UAH 80.6 billion ($3 billion), or 2.4% of GDP.

The national budget of Ukraine for 2019 provides for revenue at UAH 1.026 trillion ($38 billion) and expenditures at UAH 1.112 trillion ($41.2 billion), with the deficit limited to UAH 89.989 billion ($3.3 billion).