Ukraine Gate – Kyiv – June 21, 2022- In the first quarter of 2022, state budget revenues were exceeded by 11% due to early payment of dividends, but further implementation of the country’s budget will depend on the support of international financial organizations and partner countries.
This was stated by the chairman of the Accounting Chamber Valery Patskan.
“According to the results of the first quarter, there is a positive. Thus, the revenues of the general fund of the state budget were exceeded by UAH 28.6 billion, or 11%. This was achieved through the early transfer of UAH 32.5 billion in dividends to the state budget from public sector entities and state-owned banks and the receipt of UAH 18.8 billion from the NBU, ”Patskan said.
At the same time, he stressed that the implementation of this year’s state budget will depend primarily on the continued support of international financial organizations and partner countries.
It is noted that in the first quarter the state budget received UAH 3.6 billion in grants from the EU, foreign governments, international organizations and donors. The share of these revenues was 0.8% of all resources of the general fund of the state budget.
In addition, in March, the Cabinet of Ministers decided to reduce expenditures and lending for 2022 under the budget programs of the main managers in the amount of 91 billion UAH and directed the released funds to the reserve fund of the state budget to increase defense capabilities.
In January-March, the Cabinet of Ministers allocated UAH 94 billion from the reserve fund of the state budget, of which UAH 72.3 billion in March, to ensure state protection and provide material assistance to certain categories of citizens under martial law.
Ukraine has reportedly needed an additional $ 5 billion a month for 3-4 months to cover current needs. This amount has been verified by international partners.