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Ukraine’s public budget overfulfiled more than 104% from Jan. to Nov.

Business Materials 18 December 2008 17:51 (UTC +04:00)

Ukraine, Kiev, Dec. 18 / Trend , Z.Novosvitski/ According to efficient data, income part of general fund of Ukraine's public budget was fulfilled by 104.4%, expenditure part (regardless loans from treasury, expenses on service of state debt and interbudget transfers) - by 97.5% from Jan. to Nov. in 2008, the Ukrainian State Treasury said.

Actual returns of the general fund of public budge amounted to 166.827bln hryvna ($1 - 7.8678 hryvna) within eleven months.

Planned figures of 24 return sources of 42 ones have been fulfilled.

Returns to special fund of public budget made up 40.056bln hryvna or 85% of annual index, the State Treasury said.

Amount of VAT compensation through budget means comprised 31.421 hryvna. Some 116.26bln hryvna or 97.5% of plan has been spent to the allocated finance in this period.

Paying off of state debts and payment of interests on foreign and interior debts were realized in time from Jan. to Nov., the State Treasury said. A total of 2.973bln hryvna has been spent to expenditures of service of state debt and 4.149bln hryvna - to paying off of state debt.

In accordance with the corrected forecasts of Ukraine's public budget for 2008, income will make up 231.97 bln hryvna, including returns to general fund - 180.783bln hryvna. Under the forecasts, expenditure of public budget will amount to 253.21bln, including 200.11bln hryvna from public budget. Limit size of deficit of public budget will make up 25.02bln hryvna (including 21.523bln hryvna from general fund).

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