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The state budget deficit to grow to 3-3.5% of GDP in December.

Friday, December 3, 2021
The state budget deficit to grow to 3-3.5% of GDP in December.

The head of the Ministry of Finance of Ukraine, Sergei Marchenko, expects a significant increase in the state budget deficit in December to 3-3.5% of GDP. For 11 months of 2021, the actual budget deficit is about 1% of GDP, but December is a difficult month. We need to cover a lot of expenses.

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The general fund of the state budget of Ukraine for January-November 2021 was executed with a deficit of UAH 57.4 bln ($2.12 bln)

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