Photo: Press Service of the Cabinet of Ministers
Denis Shmygal assured that the economy is recovering
In the first eight months of this year, the state budget received UAH 28 billion more than the plan and by UAH 106 billion more than last year, the Prime Minister noted.
The balance of funds in the single treasury account in August increased sixfold and amounted to UAH 57.5 billion. This was announced by Prime Minister Denis Shmygal on his page in Facebook Saturday, September 4th.
“According to the National Bank, Ukraine’s international reserves exceeded $ 30 billion. The balances in the single treasury account increased six times in August and amounted to UAH 57.5 billion as of September 1,” Shmyhal wrote.
According to him, the state budget for the first eight months of this year received UAH 28 billion more than the plan and 106 billion more than last year.
“The budget is being implemented due to economic recovery, favorable external conditions and more efficient work of tax and customs,” the head of government stressed.
Earlier it was reported that in July, the balance of funds in the single treasury account continued to decline and updated anti-record since early 2021 – 9.875 billion hryvnia.
The single treasury account is a system of budget accounts of the State Treasury bodies, to which taxes, fees, and other obligatory payments of the state budget are credited, from which the State Treasury bodies make payments in favor of business entities that have performed work or provided services to the administrators of budget funds.
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