Ukraine's consolidated budget sees over US$174 mln surplus in Jan-Feb

The deficit of Ukraine's national budget over the period under review was estimated at UAH 13.7 billion, or $508 million.

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Ukraine's consolidated budget in January-February 2019 saw a surplus of UAH 4.7 billion (US$174.3 million), which was 68.8% down from the figure reported for the same period last year.

The deficit of Ukraine's national budget over the period under review was estimated at UAH 13.7 billion, or $508 million, which was 8.5 times up year-on-year, according to Ukraine's Treasury Service.

The state budget deficit indicator is UAH 100 million ($3.7 million) higher than the data released by the Finance Ministry on March 15.

Read alsoGrowth of Ukraine's real GDP in 2018 accelerates to 3.3%, seven-year high

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).

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