Ukraine's budget deficit in November down to UAH 8.5 bln

12:46, 31.12.2014 1 min read

The Ukrainian national budget deficit in November amounted to UAH 8.499, billion compared to UAH 13.672 billion in October, the Finance Ministry has reported.

According to its data, national budget revenues in November increased by 3.5% compared to the previous month, to UAH 29.6 billion, while expenses decreased by 9.9%, to UAH 38.1 billion.

The Finance Ministry also reported that in the third quarter of this year, a reduction of 8.2% compared to the previous quarter was fixed in Pension Fund income, to UAH 44.56 billion, while expenses decreased by 4.5%, to UAH 43.32 billion.

As reported, the ministry expects the budget deficit in 2014 to reach UAH 88.375 billion. Regarding the disclosed data, for the first 11 months the deficit reached UAH 62.58 billion.

According to the ministry, the national budget received UAH 60.8 million from the privatization of state assets during January-November 2014.