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The state budget the revenues by 94% in January.

The state budget the revenues by 94% in January.

Posted in News.

The state budget in January made on income by 94%, expenses – by 73%.
This was reported by the Minister of Finance Natalia Yaresko.
As stressed by the Minister, the state budget-2016 is built without taking into account the effect of deshadowing associated with a reduction rate of the single social contribution almost doubled – up to 22%. According Yaresko, early evidence suggests that detenizatsionny effect of this reduction will ERUs.
Finance Minister added that at present time and in full operation to all internal and external debt. In 2016, she said, 64 billion USD will be saved as a result of the restructuring of external debt.
In 2016, the Ministry of Finance expects the delivery to Ukraine from international partners to finance $ 10 billion. “This year we expect to receive from our international partners, to $ 10 billion for the budget and investment needs”, – said Yaresko.
According to her, the IMF expected this year to $ 5.8 billion from the United States – up to $ 1 billion, from Japan – to $ 1.3 billion, Switzerland – $ 0.2 billion from the EU – 1.2 billion euros (plus EUR 170 million – in the form of grants), of Poland – 100 million euros from Germany – € 300 million (plus € 50 million – on investment projects), the European Bank for reconstruction and development – $ 177 million for the implementation of investment projects (plus $ 1.1 billion – to initiate new investment projects), the European investment Bank – $ 175 million for the implementation of existing projects (plus $ 1.1 billion – to initiate new investment projects), the World Bank – $ 210 million for the implementation of investment projects (plus $ 1.5 billion – to initiate and preparation of new loans).
The law on state budget for 2016 provides for government borrowing in this period in the amount of 203 billion USD, including external – 104 554 billion UAH.
“Together with the previously signed agreement with EBRD on $ 300 million and the agreement with the International Finance Corporation for $ 200 million we now have the ability to draw from international financial organizations, financial resources amounting to $ 1 billion for the purchase of natural gas from European suppliers,” -said Yaresko.
According to the Ministry of Finance, through funds raised from Ukraine will be able to buy gas at the lowest prices, and to make full use of the reverse Europe.
In addition, according to Yaresko, the Finance Ministry plans to soon submit to the Cabinet of Ministers of the development strategy of the state banks. The Minister also called on deputies to support the bill on the financial restructuring of legal entities loans.

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