Ukrainian Russian English
Arseniy Yatsenyuk: Last year Treasury Single Account contained UAH 108 thousand, today - UAH 15.5 billion
24.03.2015 | 13:12
Information and Communication Department of the Secretariat of the CMU

"A year ago, when I was appointed the Prime Minister of Ukraine, we had in our Treasury Single Account UAH 108 thousand. This morning the Treasury Account of the country contains UAH 15.5 billion", informed Prime Minister of Ukraine Arseniy Yatsenyuk during the teleconference with heads of regional state administrations dedicated to the issues of implementation of local budgets on Tuesday, March 24.

Arseniy Yatsenyuk stressed that despite the fact all the administrative staff of the State Fiscal Service had been suspended, during this period the State Budget revenues grew by UAH 8 billion - plus 15%".

He informed excise taxes had increased by 43%, VAT by 37%: "The Customs has also demonstrated an increase - additional 30%".

"We have lost a quarter of the Ukrainian economy. Because of the war waged by Russia, closure of hundreds of enterprises. At that, we have managed to collect more taxes as compared to last year," he said.

Arseniy Yatsenyuk reminded that the funds obtained by Ukraine as an IMF loan worth USD 25 billion, "aren't directed to welfare payments and funding the defense": "Certain part goes to repay foreign debts, and the remainder - to replenish foreign exchange reserves of the National Bank to stabilize the situation."

Due to the fact the funds to settle foreign obligations of Ukraine were received at the account of the IMF loan, he stressed: "The revenues we receive into the budget arent sent to repay the debt, but to finance the army, salaries, pensions, social payments".

Arseniy Yatsenyuk emphasized that "there hasnt been any delay with social payments and it will further be this way": "I understand the level of welfare payments does not meet the needs of people. I understand that they need more. But the more we earn, the more we spend to social benefits, guarantees and assistance to the indigent, first of all".


print version