“The military budget occupies about 60% of the state budget expenditures (according to the results of the first quarter) and we are spending 150 billion UAH per month from the budget to repel Russian aggression.” Idea.
The most important thing about the state budget in April and for 4 months of 2023 (according to the Ministry of Finance).
Overall, the budget year was off to a good start, due to the over-fulfillment of the tax revenue scheme, a significant increase in the own revenues of the budget institutions and a steady flow of international aid. This increases the predictability of budget revenue and expense management.
The current liquidity in TEN is sufficient for uninterrupted financing of critical budget expenditures in defense and social sphere.
However, given that the military budget accounts for about 60% of the state budget expenditures (according to the results of the 1st quarter), and we spend 150 billion UAH per month from the budget to repel Russian aggression, the current liquidity reserve is relatively insignificant. and, for example, the negative trends in the lack of customs duty collection observed in the last 2 months can quickly disappear if there is an increase or, more importantly, a shortfall in planned taxes. internal and external financing of the budget deficit.
As a result, maximum attention continues to be paid to the implementation of the budget – budgetary discipline, shadowing, shutting down tax evasion schemes, increasing the transparency and efficiency of public procurement, fulfilling the commitments made to the partners in the budget process. Along with international aid, this is our additional resource to support the economic recovery and rapid recovery.
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Source: Focus
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