Required daily minimum on treasury account is UAH 3-6 bln - Treasury

13:29, 18.08.2016 1 min read

The daily balance of funds needed to ensure the liquidity of the single treasury account, as calculated by the State Treasury Service, is UAH 3-6 billion, whereas in January-June 2016 the average daily balance amounted to UAH 15.6 billion, Head of the State Treasury Service Tetiana Sliuz has said in an interview with the Uriadovy Kurier newspaper.

"The record high amount that was on the single treasury account since its launch in 2001 was in December 2015 and stood at UAH 49 billion. I would like this record to be broken," she said.

She said in August all the expenditure was provided using funds not only from the ending funds on the single treasury account but also current revenues sent to the budget of all levels, other sources of funding provided by law.

As reported, on August 1, 2016 the balance of funds on the single treasury account was UAH 11 billion.