Ukrainian Treasury's balance as of Jan 1 about 90.9% down from Dec 1

The balance of funds in the single account of Ukraine's State Treasury Service was estimated at UAH 5.099 billion (US$181.7 million) as of January 1, 2018, which was about 90.9% down from the figure as of December 1, 2017, according to the Treasury's website.

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The balance of funds in the single account as of January 1, 2018, shrank by 64.3% from January 1, 2017, it said.

Read alsoOschadbank: Money seized from Yanukovych stored in State Treasury accountAs UNIAN reported earlier, the balance of funds in the single account of the State Treasury Service of Ukraine amounted to UAH 54.104 billion ($1.9 billion) as of December 1, 2017, which was 11.4% up, or UAH 5.540 billion ($197.4 million), from November 1, 2017.

The balance of funds in the single treasury account is not a constant value. It is subject to increases due to revenues from taxes and other mandatory payments to the state and local budgets and subject to decreases amid budget spending peaks.

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