Local budgets' receipts in 11 months estimated at US$ 5 bln in equivalent

Receipts of the Ukrainian local budgets' general fund January through November 2016, excluding inter-budget transfers, were estimated at UAH 131.9 billion, or $5 billion in the equivalent, according to Ukraine's Finance Ministry.

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This was 49.6%, or UAH 43.7 billion, up year-over-year, the ministry said.

The receipts in the 11 months accounted for 104.6% of total annual receipts approved by the local councils, the ministry said.

Read alsoGroysman: Local budgets implemented by more than 100%What is more, the local budgets received UAH 169.9 billion, or $6.5 billion, in inter-budget transfers as of December 1, 2016. They accounted for 97.9% of the plan for the period under review.

The data does not include reports from temporarily occupied areas in Donbas and Russia-annexed Crimea.

As UNIAN reported earlier, the general fund of the local budgets, excluding inter-budget transfers, received UAH 99.8 billion, or $3.8 billion, in 2015.

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