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Ukraine has reduced by half the budget deficit

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Ukraine has reduced by half the budget deficit

Budget deficit last year fell by 5787%.

Ukraine last year reduced the budget deficit to 5787%. This was during the presentation of the state budget-2015 execution was reported by Deputy Finance Minister Oksana Makarova wrote The economic truth.

"For the first time in many years, we are not just fulfilled the budget 2015 but reduced to half of the budget deficit (by 5787% from 2014)," - said Makarov.

"Reducing the budget deficit and the success of fiscal consolidation - the main condition for the restoration of strong economic growth," - noted in the Ministry of Finance.

Earlier, the State Fiscal Service reported that collected 587.1 billion UAH of taxes to the consolidated budget in 2015 that 162 billion, or 38.1% more than in 2014.

According to the draft budget for 2016 projections of income and expenditures are 595 billion 081 million 135.3 thousand. Flexible and 667 billion 733 million 507.2 thousand. UAH respectively, in a memorandum - 592 billion and 684.5 billion UAH respectively.

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19 March 2016, 22:05