Ending stocks on the single treasury account in November grew by UAH 4.33 billion or 10%, and as of December 1, 2015 they reached UAH 47.96 billion, the State Treasury Service reported on Tuesday.

The ending stocks are 7.1 times more than a year ago, and this is a record in the whole history of Ukraine.

Before June 2015, the record was set in December 2005 after the privatization of Kryvorizhstal when the government accumulated UAH 27.35 billion. In U.S. dollars, under the official exchange, the rate of the National Bank of Ukraine (NBU) was $5.42 billion, while now it is 63% less - $2 billion.

Ending stocks in the treasury account grew thanks to new tranches of international financial aid, larger revenues of the national budget than it was planned and growing VAT payments, which authorities explain by the introduction of the electronic VAT administration system.

The government said that it needs to accumulate UAH 25 billion by the fourth quarter of 2015 to pay subsidies due to the increase of energy tariffs and provide UAH 10 billion to increase social payments by 13% from September 1, instead of December 1 as was foreseen in Ukrainian law.