The consolidated budget consists of the national budget and local ones / Photo from UNIAN
The deficit of the consolidated budget was estimated at US$26.7 million.
Ukraine's national budget in January-October 2019 saw a deficit of UAH 30.278 billion, or US$1.26 billion, which was five times higher than the deficit for the same period last year.
The deficit of the consolidated budget was estimated at UAH 643 million, or US$26.7 million, whereas there was a surplus in the same period last year, the State Treasury Service of Ukraine said on its website.
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As UNIAN reported earlier, the 2019 budget provided for revenue in the amount of UAH 1.026 trillion, or US$42.6 billion, while spending was set at UAH 1.112 trillion, or US$46.2 billion. The deficit of the budget was capped at UAH 89.989 billion, or US$3.74 billion.
In October, the Verkhovna Rada adopted amendments to the budget for the current year. It reduced the revenue plan by UAH 20.4 billion, or US$848 million, having simultaneously cut the cost of servicing public debt by UAH 21.6 billion, or US$898 million.
The consolidated budget consists of the national budget and local ones.