Photo from UNIAN
The revenue over the period under review fell by 7.3% year-over-year.
Ukraine's national budget in November 2019 received UAH 88.831 billion (US$3.7 billion) in revenue, which was 8.6%, or UAH 8.338 billion (US$348 million), down from the plan for the period under review.
Read alsoDeficit of Ukraine's national budget soars by five times, to US$1.26 bln in 10 months
The revenue of the national budget over the period fell by 7.3%, or UAH 7.018 billion (US$292.9 million), 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 in January-November 2019 received UAH 899.746 billion (US$37.6 billion) in revenue, which was 5.9%, or UAH 55.971 billion (US$2.3 billion), down from the planned figure, while 6.7%, or UAH 56.484 billion (US$2.4 billion) up y-o-y.
As UNIAN reported earlier, on October 31, the Verkhovna Rada, Ukraine's parliament, passed a bill on amendments to the 2019 national budget under which the planned budget revenue would be reduced by UAH 20 billion, or US$835 million.
According to the explanatory note to the bill, the decrease in the revenue plan, which is related to a shortfall of receipts of value-added tax (VAT) on imported goods and import duties as a result of the above-target strengthening of the hryvnia, will be offset by a reduction in state debt servicing costs.
The draft law has not been enacted yet.
The national budget of Ukraine for 2019 provided for revenue at UAH 1.026 trillion (US$42.8 billion) and spending at UAH 1.112 trillion (US$46.4 billion) with the deficit capped at UAH 89.989 billion (US$3.8 billion).