Ending stocks in the single treasury account as of early September 2015 totaled UAH 45.85 billion, which is 3.4 times up year-over-year, the highest recorded figure in the country's history.
The State Treasury Service of Ukraine reported on Sept. 1 that in August 2015 funds in the single treasury account grew by Hr 12.58 billion or 37.8 percent, and in two months – by Hr 20.41 million, or 80.2 percent.
Before June 2015, the record was set in December 2005 after the privatization of Kryvorizhstal when the government managed to accumulate Hr 27.35 billion. In the U.S. dollar equivalent it was $5.42 billion, while today is 61.5 percent less – $2.1 billion.
The government also has currency accounts, which held Hr 35 billion as of Aug. 26, 2015, Ukrainian Prime Minister Arseniy Yatsenyuk has said.
The government said that it accumulated Hr 25 billion by the fourth quarter to pay subsidies due to an increase of energy tariffs, and to provide Hr 10 billion to increase social payments by some 13 percent from Sept. 1 instead of Dec. 1 as was foreseen in Ukrainian law.
According to the National Bank of Ukraine, ending stocks in the correspondent and transit accounts of banks in August also grew by Hr 3.03 billion or 10.9 percent, to Hr 30.82 billion.
