2017-08-29T17:30:00+03:00 Economy 2023-07-15T09:40:54+03:00

Ukrainian news

Ukrainian news

Revenues Of Kyiv City Budget Up 24% To UAH 22.7 Billion In H1

Revenues Of Kyiv City Budget Up 24% To UAH 22.7 Billion In H1

In the first six moths of 2017, the revenues of the Kyiv city budget increased by 24% year over year to UAH 22.7 billion.

The Kyiv city state administration announced this in a statement, Ukrainian News Agency reports.

"In January - June, the Kyiv budget received UAH 22.7 billion (including UAH 20.6 billion to the general fund of the budget and UAH 2.1 billion to the special fund of the budget) of taxes, duties and transfers from the state budget, or 102.% of the plan... The growth in the proceeds to the city budget in the first six months of 2017 against the same period of 2016 made 24%," reads the statement.

Individual income tax accounted for UAH 6.7 billion, UAH 2.535 billion of land tax (104.4% of growth), UAH 1.950 billion for the unified tax on individual entrepreneurs (133.2% of growth).

As Ukrainian News Agency earlier reported, the Kyiv city budget for 2016 was executed with a surplus of UAH 5.1 billion.