Revenue of Ukraine’s national budget in January through December 2016 totaled Hr 616.219 billion ($ 22 billion), which was 15.2 percent up from 2015 and 1.7 percent less than the target, according to a posting on the website of the State Treasury Service of Ukraine.
The revenue target of the general fund fell short only by 0.2 percent in 2016 – Hr 574.659 billion, which is 14.1 percent up year-over-year.
The authority said that tax agencies provided for Hr 283.017 billion of revenue in 2016, which is 30.9 percent more than in 2015 and 5 percent less than the target. VAT refunding totaled Hr 94.405 billion last year, which is 38 percent up on 2015.
Customs agencies provided for Hr 235.301 billion of revenue in 2016, and this is 16.8 percent up year-over-year and 8.4 percent more than the target.
In December 2016, revenue of the national budget amounted to Hr 72.793 billion, including Hr 67.973 billion to the general fund, and this was 9.8 percent more than the target both for the national budget and general fund.
