Jaresko reports state budget over-execution by almost UAH 25 bln

Ukraine's budget revenue has exceeded the projected volume by UAH 24.6 billion over the last eight months of this year, Ukrainian Finance Minister Natalie Jaresko said at a meeting of the Financial Stability Council.

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"Due to the active policies of the government and the National Bank, we were able to strengthen our country's financial capacity. In particular, we have a positive trend in the implementation of the State Budget. Over this year's eight months, the state budget revenue has been exceeded by UAH 24.6 billion," she said.

According to Jaresko, this is a consequence of the budget decentralization and the applicable tax policy.

Read alsoCabinet proposes single 20% tax on wagesAs reported earlier, according to the State Fiscal Service, revenues of the Ukraine's consolidated budget amounted to UAH 364.4 billion in January-August 2015, which is UAH 94 billion, or 34.8% more than in the same period last year.

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