Ukraine spends a third of its budget on military expenditures. Military personnel salaries have become the largest single expenditure in the state budget’s general fund and amounted to almost UAH 520B in the first seven months of the year, the Ministry of F... #StateBudget #UkraineBudget #UkraineMilitaryExpenditures
The placement of military bonds brought the budget more than UAH 3.6B. On October 11, the Ministry of Finance auctioned military bonds for UAH 11.8M and $98.2M, at unchanged rates, the Ministry of Finance said in a statement. In particular, 6-month securities were placed... #StateBudget #Ukrainemilitarybonds
In 2023, every fourth hryvnia will be used to service the national debt. Next year, the Accounting Chamber of Ukraine reported that 25% of budget revenue will be used to service the state debt. According to the agency, next year the state debt will double compared to the c... #StateBudget #UkraineBudgetDeficit #UkraineNationalDebt
Tax revenues for the Ukrainian budget increase by 15%. The consolidated budget received UAH 811.7B in tax payments for the nine full months of the current year. According to the State Tax Service, this is 15.3%, or UAH107.9B, more than from the same perio... #StateBudget #TaxesToTheBudget
Due to war, the state budget has been denied UAH 176B. Due to the war, the lack of specific revenues in the state budget for January-June 2022 amounted to at least UAH 176B, with UAH 104B due to a reduction in imports, GDP, profits of enterprises, and emp... #StateBudget
40% of a UAH 1T state budget was spent on the army. Since the beginning of the full-scale war, state budget expenditures have amounted to almost UAH 1T ($29B). Of this, more than UAH 420B was spent on defense and security. According to Prime Minister D... #DenysShmyhal #spendingonthearmy #StateBudget
Ukraine’s state budget deficit at $ 8 B a month. In an interview with The New Yorker, Ukraine’s economic adviser Oleh Ustenko estimated Ukraine’s budget deficit at about $8B a month. Previously, Finance Minister Serhiy Marchenko had fore... #BudgetDeficit #StateBudget #UkraineBudget #War
Ukraine’s state budget deficit might be as much as $5-7 B a month. The Ministry of Finance forecasts an increase in Ukraine’s state budget deficit from $2.7B in March to $5-7B in April and May, stated Finance Minister Serhiy Marchenko in an interview with the F... #BudgetDeficit #StateBudget #UkraineBudget
