Ukraine Cabinet approves unscheduled move to borrow UAH 10 bln before year-end

The funds are needed for the uninterrupted financing of the country in January 2020.

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The Cabinet of Ministers of Ukraine at today's meeting decided to make unscheduled borrowings in the amount of up to UAH 10 billion before the end of this year.

That's according to People’s Deputy Oleksiy Honcharenko, who attended the government meeting.

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"The Cabinet of Ministers decided to attract an additional UAH 10 billion in borrowings for the uninterrupted financing of the country in January 2020," the deputy reported via Telegram.

As UNIAN reported earlier, the state budget of Ukraine in November 2019 received UAH 88.831 billion in revenues, which is 8.6% below the target.

In January-November, the state budget received UAH 899.746 billion in revenues, which is 5.9% below the plan for the said period.

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