Page 37 - UKRRptJun20

6.0​ Public Sector 6.1​ Budget
Budget and debt indicators
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018E
2019E
State budget revenues, UAH bln
231.7
209.7
240.6
314.6
346
339.2
357.1
534.6
616.3
793.4
928.1
1053
% of GDP
24.4%
23.0%
22.3%
24.2%
24.6%
23.2%
22.5%
26.9%
25.9%
26.6%
26.1%
26.2%
State budget expenditures, UAH bln
244.2
245.2
304.9
338.1
399.4
403.9
435.1
579.8
686.4
841.3
987.4
1121
% of GDP
25.8%
26.8%
28.3%
26.0%
28.4%
27.6%
27.4%
29.2%
28.8%
28.2%
27.7%
27.9%
State budget balance, UAH bln
-12.5
-35.5
-64.3
-23.6
-53.4
-64.7
-78
-45.2
-70.1
-47.9
-59.3
-68.4
% of GDP
-1.3%
-3.9%
-6.0%
-1.8%
-3.8%
-4.4%
-4.9%
-2.3%
-2.9%
-1.6%
-1.7%
-1.7%
Public debt, UAH bln
189
318
432
473
516
584
1,101
1,572
1,930
2142
2169
2410
% GDP
20.0%
34.8%
40.1%
36.4%
36.7%
39.9%
69.4%
79.0%
81.0%
71.8%
60.9%
59.9%
Source: SP Advisors
6.1.1 ​Budget dynamics - results
Ukraine’s general budget revenue dropped 9.8% y/y to UAH123.1bn in April ​after increasing 2.6% y/y in March. General budget expenditures increased 6.0% y/y to UAH116.7bn after growing 3.0% y/y in the prior month. The budget balance switched to a UAH6.7bn surplus from a UAH14.8bn deficit in March.
37​ UKRAINE Country Report​ June 2020 ​ ​www.intellinews.com