Ukraine's budget revenue exceeds target by 2.8% in Jan 2018

Ukraine's national budget in January 2018 received UAH 55.057 billion, or US$1.98 billion, in revenue, which was by 2.8% up from the monthly target set at UAH 53.557 billion ($1.9 billion).

Read alsoUkraine's budget deficit shrinks by 44.5% in 2017 However, revenue of the national budget over the period under review shrank by 7.4% year-over-year (y-o-y), according to the national budget's performance indicators as of February 1, published on Ukraine's State Treasury Service website.

Local budgets' revenue in January 2018 totaled UAH 15.7 billion ($563.3 million), which was 6.8% down from the target but 24.3% up y-o-y.

UNIAN memo. Ukraine's national budget for 2018 set revenue at UAH 917.9 billion ($32.94 billion), while expenses were fixed at UAH 991.7 billion ($35.6 billion).