The deficit of Ukraine’s state budget for 2019 was Hr 78.05 billion with the ceiling set in the national budget being Hr 91.13 billion, including Hr 68.85 billion in the general fund with the ceiling being Hr 69.62 billion, according to the State Treasury.
In the early days of this year, the Ministry of Finance, citing recent data from the State Treasury, reported on the deficit of the national budget last year in the amount of Hr 72.4 billion, or 1.8% of GDP.
The 2019 state budget deficit was almost entirely funded by borrowings, as revenues from privatization amounted to only Hr 550 million, i.e. 3.2% of the initial budget assignment.
