Treasury balance down by almost 30%

The current balance is 71.5% lower than that recorded for the same date last year.

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The balance of funds in the single account of the State Treasury in October has dropped to UAH 15.1 billion.

This is 28.8% less than a month earlier (UAH 21.3 billion), the State Treasury reported on its website.

Read alsoRada to consider 2021 national budget draft on Nov 5The current balance is 71.5% lower than that recorded for the same date last year (UAH 53.1 billion) and 13.7% lower against year-start (UAH 17.55 billion).

Background

The balance of funds in the State Treasury's single account as of January 1, 2020, amounted to UAH 17.547 billion, which was almost 67% less compared to the previous month, but 1.8 times more than at the beginning of 2019.

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