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revenue side of the state budget of Ukraine for the eight months of this year exceeded 24.6 billion.

This was stated by Minister of Finance of Ukraine Natalia Jaresko at a meeting of the Financial Stability Board.

" Due to active actions of the government and National Bank today we were able to strengthen the financial capacity of our country. In particular, we have a positive trend in the performance of the state budget. Following eight months of this year, revenues of the general fund budget was exceeded by 24.6 billion " - Jaresko said.

According to her, this is the result of decentralization and applicable tax policy.

Recall, according to the State Fiscal Service, revenues of the consolidated budget of Ukraine for January-August 2015 amounted to 364.4 billion USD, 94 billion USD, or 34.8% more than the same period last year.

Parliament in December 2014 adopted the Law of Ukraine " On Amendments to the Budget Code " , which provides fiscal decentralization. According to the Ministry of Finance, implementation of fiscal decentralization will allow local governments to attract 25 billion USD of additional income tax revenues only.

The current state budget of Ukraine for 2015 envisages revenues at UAH 502.260 billion, expenditures - 566.870 billion, the maximum amount of the deficit of $ 75.820 billion, or 4.1% of GDP ceiling debt at 1.394 billion USD.
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7-09-2015, 14:00

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