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GISMETEO.RU
UJ Week
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Privatization shortfall pushes UAH3 billion government borrowing
Journal Staff Report

KIEV, Dec. 24 – The government has decided to increase the debt financing of the deficit of the national budget by UAH 3 billion due to the underperformance of the privatization target.

According to cabinet resolution No. 1050 of December 17 posted on December 21, the Finance Ministry is to agree the redistribution of the funds with the parliamentary budget committee and amend the budget quarterly breakdown.

The State Property Fund of Ukraine in January-November 2012 sent UAH 6.684 billion to the national budget or 66% of the annual target.




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