Government increases ending stocks on single treasury account by 29% in March

10:30, 02.04.2013 1 min read

Ending stocks on the single treasury account as of the beginning of April 2013 amounted to UAH 3.58 billion, an increase of 29.1% over a month, or by UAH 810 million, according to the State Treasury Service of Ukraine.

According to the service, this is the worst result on this date in the past 10 years, when the government had UAH 8.56 billion on the single treasury account since 2003 on average.

Ending stocks totaled UAH 2.72 billion in 2011 and UAH 2.06 billion in 2012. In the pre-crisis 2006-2008 they stood at UAH 14.9-16.3 billion.

The indicator as of early April is better than as of early 2013 when it fell to UAH 460 million, or the lowest indicator since August 2003.

According to the National Bank of Ukraine, ending stocks on the banks' correspondent and transit accounts in March 2013 decreased by UAH 3.99 billion, or 14.8%, to UAH 22.94 billion.