You're reading: Finance Ministry: Deficit of Ukraine’s national budget widens by 2.3 times in 2012

The deficit of Ukraine's national budget in 2012 was estimated at UAH 53.39 billion ($6.7 billion), having widened by 2.3 times, or UAH 29.83 billion, from 2011.

The deficit of the national budget’s general fund grew by 2.5 times from
2011, to UAH 53.35 billion, while that of the consolidated budget increased by
2.2 times, to UAH 50.73 billion.

The deficit of last year’s national budget accounted for 3.8% of GDP, while
this indicator in 2011 was 1.8% of GDP.