Ukraine had a state budget deficit of Hr 33.203 billion in the first ten months of 2012, the Finance Ministry reported.
This was up 170% from a deficit of Hr 12.353 billion in the first ten months of 2011.
Budget revenues in the ten months of this year rose 8.6% year-on-year
to Hr 273.502 billion, while spending increased by 15.9% to Hr 302.63
billion.
Ukrainian Economic Development and Trade Minister Petro Poroshenko
said earlier that the government would not meet the budget revenue
target for 2012.
The amended state budget for 2012 targets revenue of Hr 373.96
billion, spending of Hr 413.605 billion and a deficit of Hr 38.807
billion. The budget deficit was Hr 23.56 billion in 2011.
