11:32 15.11.2012

Parties report to CEC on election costs, says newspaper

2 min read
Parties report to CEC on election costs, says newspaper

The Central Election Commission of Ukraine (CEC) has finished accepting reports on the use of election funds from the parties that ran for the parliament, reads an article in the Thursday issue of the Kommersant Ukraine newspaper.

The article says that the newspaper has consolidated reports from nine parties, including that of the Svoboda All-Ukrainian Union, which passed the 5% threshold to win seats at the parliamentary elections.

The article reads that Svoboda spent UAH 23.2 million on its election campaign.

"Advertizing usually costs round amounts, so we had to add to the fund to cover the campaign. Our fund received money from two sources – citizens' contributions and targeted transfers from the party's budget. When we realized that the raised funds were not enough, we transferred the lacking sum from the party's account," member of Svoboda's political council Yuriy Syrotiuk, who signed the report of the party, said.

In particular, the party spend most of its funds on "the use of the media" – UAH 17,390,446, according to Kommersant Ukraine.

Considering that 2,129,933 of voters supported Svoboda, each vote cost the party UAH 10.89. Thus, Svoboda may be the most economical party among the political forces that passed to the parliament at the 2012 parliamentary elections.

The Radical Party, led by Oleh Liashko, declared a rather small cost for its parliamentary campaign. It spent almost UAH 6 million, and took eighth place with 1.08% of votes.

The cheapest election campaign was held by the Ukraine of the Future Party, which did not spend a kopeck on campaigning and did not even have a pre-election fund. However, the party managed to take the 15th of 21 places and received 0.18% of votes, which means that 37,909 people cast their ballots for the party.

The official exchange rate of the hryvnia on November 15 is UAH 7.993/$1.

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