Budget with a surplus

The debt hole of the state budget reduced in the first quarter by four billion hryvnia. After summing up, a favorable picture emerged: the state treasury for this period increased by almost 175 billion hryvnia, while at the same time it was 184.5 billion. As a result, the first quarter of the year was completed with a minus of 9.7 billion. However, the eight percent reduction in debt (and this is 3.6% more compared to last year’s figures) indicates the first signs of recovery of Ukrainian economy.

Revenues of the consolidated budget for this period reached 220.5 billion hryvnia, expenses – 216.5 billion.