Revenue of Ukraine's consolidated budget, consisting of the national and local budgets, in January-November 2017 totaled UAH 764 billion, or US$28.2 billion, which was 27.8%, or UAH 166.2 billion ($6.1 billion) up year-over-year (y-o-y), according to the Ukrainian State Fiscal Service.
President of Ukraine Petro Poroshenko says that the revenue of the local budget in Ukraine is expected to reach UAH 171 billion (US$6.3 billion) by the end of 2017, according to an UNIAN correspondent.
Ukrainian Minister for Regional Development, Construction, and Housing Hennadiy Zubko says the government expects revenue growth of local budgets from UAH 144 billion (US$5.5 billion) in 2016 to UAH 185 billion ($7 billion) in 2017, according to the ministry's press service.
The National Bank of Ukraine (NBU) has expressed concern over possible pressure on the forex market due to large budgetary payments at the end of the year, NBU Deputy Governor Oleh Churii told reporters on September 14.
Ukrainian Minister for Regional Development, Construction, and Housing, Deputy Prime Minister Hennady Zubko has said that, thanks to Ukraine's decentralization reform, local budgets' revenue soared by 29% in January-August 2017 year-over-year (y-o-y), to UAH 124 billion.
In January-July 2017, the total fund of local budgets received UAH 102.8 billion, according to Hennady Zubko, Ukraine’s Vice Prime Minister and Minister of regional development, construction, housing and communal services.
Thanks to Ukraine's decentralization reform, local budgets' revenue soared by 34.3% in January-May 2017 year-over-year (y-o-y), to UAH 72.3 billion, or US$2.8 billion, according to the press service of the Ukrainian Ministry of Regional Development, Construction, and Housing.
The inflow of UAH 100 billion to local budgets in 2014-2016 is one of the topmost results of decentralization, one of Ukraine's key reforms, Prime Minister of Ukraine Volodymyr Groysman said at a meeting with representatives of regional mass media Friday, the Cabinet's press service reports.