Ukrainian Govt Will Manage to Follow through Budget Revenue
OREANDA-NEWS. June 07, 2012. Within the five months 2012, national economy sector has obtained 242.2 billion UAH, which exceeds last year’s similar period figure by 14.5%. This was communicated by Anatoliy Miarkovskyi, First Deputy Minister of Finance, at a “round table” held on June 5.
Leading experts and government officials have considered the issue as follows: Financial Stability in Ukraine: Basic Challenges of the Second Half-Year Period.
In his speech opening the event, Anatoliy Miarkovskyi told the “round table” participants that the consolidated budget’s 5-month entire revenue has been UAH 171 billion. He also said that both performance indicators for all large revenue positions and scheduled Pension Fund and other social funds revenues have been followed.
First Deputy Minister of Finance said that such revenue enables the Government to follow through the budget revenue and provide for funding all of the social standards.
For instance, as of June 1, the Ministry of Finance has promptly funded the expenditure for compensating payments to depositors in the USSR Savings Bank branches.
Besides, following the budget revenue has accrued UAH 7.9 billion in the single treasury account and 13.6 billion expressed in currency.
In turn, if a positive development like this remains, the loans borrowed may be funded and all budget obligations repaid.
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