Investor Presentaiton
Ambitious 2019 state budget reflecting continuous fiscal consolidation
2019 state budget revenues split (2019 State budget Law)
2019 state budget expenditures split (2019 State budget Law)
State budget revenues: UAH 1,026bn
2019 vs. 2018 State
budget figures:
Total revenues:
UAH 1,026bn (+12%)
Total expenditures:
UAH 1,112bn (+12%)
Budget deficit:
UAH 90bn / 2.3% of
GDP1)
Other tax
revenues
22%
Notes
1
Other
Non tax
revenues
15%
1%
Corporate
income tax
9%
State budget balance, UAH bn
VAT
43%
Personal income tax
10%
State budget expenditures: UAH 1,112bn
Education'
5%
Health Other
3% 2%
Public admin.
5%
Economic
activity
7%
Debt service
13%
Social
protection
18%
Interbudgetary
transfers
26%
Security and
Defense
21%
State budget general fund performance, UAH bn
Plan Act.
|(68.9)||(63.7)
Plan Act.
(63.0)||(50.6)
Plan Act.
(62.3)||(54.9)
843 834
702 698
Act. primary balance 2.0%
Act. overall balance
1.1%
2.1%
1.6%
Plan Act.
as % of GDP
(2.3)%
(2.9)%
(1.6)%
(1.7)%
Overall
balance
|(45.1)||(38.9)
63
56
55
47
39
34
26
15
11
Budget deficit defined as
revenues minus expenditures
and minus net lending
September 2019
Overall
balance
Primary
balance
2015
2016
2017
2018
2019
(45)
(48)
(64)
(70)
(84)
(78)
(59)
(81)
(90)
■Primary balance (Budget Law)
Overall balance (Budget Law)
■Primary balance (Actual)
Overall balance (Actual)
492 504
576 575
+2%
(0.2)%
(1)%
(1)%
(2)%
(1)%
(1)%
(2)%
(554) (543)
(645) (638)
(764) (753)
(906) (884)
2015
2016
2017
2018
■Revenues (plan)
■Expenditures and net lending (plan)
Source State Treasury of Ukraine
Revenues (actual)
Expenditures and net lending (actual) 非
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