Ukraine has the largest non-fulfillment of the expenditure plan in five years

News

Ukraine has the largest non-fulfillment of the expenditure plan in five years

09.04.2021 News

Failure to meet the state budget expenditure plan in 2020 amounted to 68 billion hryvnias. This is the worst figure in the last five years, said the chairman of the Accounting Chamber Valery Patskan.

“The volume of expenditures of every fourth budget program was changed by government decisions. At the same time, the amounts of expenditures for individual programs were revised several times,” Patskan said.

Thus, 12 billion hryvnias (15%) were not used from the COVID-19 fund. Also in 2020, 4.6 billion hryvnias (2.8%) less than planned state budget expenditures on transfers to local authorities. This is a consequence of non-provision of five subventions worth UAH 2.9 billion and non-fulfillment of the expenditure plan for the provision of 27 subventions worth UAH 1.7 billion.

The head of the Accounting Chamber added that the debt on loans provided from the single treasury account to cover temporary cash gaps of the Pension Fund for the payment of pensions and benefits has increased. In total, as of January 1, 2021, up to 62 billion hryvnias have not been returned.

Other articles

  • The rate of bitcoin has approached 40 thousand dollars
    News

    The rate of bitcoin has approached 40 thousand dollars

    During the trading session on Monday, July 26, bitcoin accelerated growth and traded at $ 39,177 thousand (+ 10.58%). This is evidenced by data from the portal Coindesk. After that, the cryptocurrency rate slowed down and was at $ 38,939 thousand (+ 9.91%), after which it began to move further. Last night the rate of […]

  • Uber buys Transplace, a logistics technology company, for $ 2.25 billion
    News

    Uber buys Transplace, a logistics technology company, for $ 2.25 billion

    Uber has announced an agreement with TPG Capital to acquire Transplace, which provides the widest portfolio of technology services and solutions in the logistics and transportation industry. The estimated amount of the deal is a considerable $ 2.25 billion, but about $ 750 million Uber will pay in the form of its own shares, and […]

  • Shares of Twitter rose after the announcement of 74% revenue growth
    News

    Shares of Twitter rose after the announcement of 74% revenue growth

    Shares of Twitter, which rose 28.5% since the beginning of 2021 and 88.3% over the past 12 months, rose sharply by 5% after the publication of quarterly results above analysts’ forecasts. Twitter reported sharp revenue growth of 74% to $ 1.19 billion from a forecast of $ 1.06 billion. The company’s revenue growth in the […]

  • Ukraine creates conditions for the development of hydrogen electric transport
    News

    Ukraine creates conditions for the development of hydrogen electric transport

    The Ministry of Infrastructure has developed a draft order that will allow Ukraine to establish production of hydrogen-powered cars. This was reported on the website of the ministry. It is noted that today in Ukraine there are no requirements for hydrogen transport. These are electric vehicles on hydrogen fuel cells. They run on compressed hydrogen. […]

  • PrivatBank warned about a new fraud
    News

    PrivatBank warned about a new fraud

    PrivatBank warns users about a new fraud scheme that uses a fake website and at the same time the bank’s logo. This was reported by the press service of the Bank. It is noted that the Bank’s security service found the site p-invest.site, which was registered by unknown individuals in the United States and which […]

  • The Rada assessed the scale of corruption in Ukrzaliznytsia
    News

    The Rada assessed the scale of corruption in Ukrzaliznytsia

    In 2020, corruption caused JSC Ukrzaliznytsia 8 billion hryvnias in losses. The head of the Temporary Investigation Commission of the Verkhovna Rada on UZ Yulia Hryshyna with reference to NABU data announced this. “NABU has carried out significant analytical work on Ukrzaliznytsia’s procurement. Detectives estimated Ukrzaliznytsia’s losses from corruption in procurement at UAH 8 billion […]

  • Shmygal announced an area for investment of 10 billion euros
    News

    Shmygal announced an area for investment of 10 billion euros

    The development of critical materials could attract billions of euros in investment in Ukraine, according to Prime Minister Denis Shmygal. He said this at a summit conference on the strategic partnership between Ukraine and the EU on critical raw materials and batteries. “Ukraine creates conditions for attracting investors. The current rules of access to subsoil […]

  • About 2,500 Boeing 737s will be tested for malfunction
    News

    About 2,500 Boeing 737s will be tested for malfunction

    The US Federal Aviation Administration (FAA) has ordered the state airline to inspect about 2,500 Boeing 737 aircraft for defective relays and cabin pressure drops. “An undetected failure of both relays could slow the crew’s detection of insufficient cabin pressure and result in the crew losing their ability to work due to hypoxia and, as […]

Read also

Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

Life announced the rebranding

The “Astelit” company in the near future will carry out the rebranding of mobile operator life. It is not just about changing the symbols and corporate colors, but also to change the name: new brand can get a name ‘lifecell’ similar to the parent company Turkcell. As well as the logo symbol of the Turkish […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

Ukraine is the world third producer of buckwheat

According to Ukranian Agrarian Business Club (UABC),  Ukraine possess the third place in buckwheat production in the world. China and Russia take the first and second place.The buckwheat production in Ukraine has been characterised by sharp fluctuations within 140-180 thousand tonnes. It was caused by the price of the cultivation. An internal consumption of buckwheat […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

Snap reported revenue growth of 66%, surpassing all Wall Street forecasts

Shares of Snap Inc. rose sharply on Friday, offsetting last week’s decline as investors praised its financial report. Key Snap figures for the 1st quarter of 2021 For the first three quarters of this year, Snap reported a break-even point per share, while analysts’ average estimates were reduced to a 6 percent loss per share. […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

EBRD Helps in USEP Ukrposhta Privatisation

According to Interfax-Ukraine, the European Bank for Reconstruction and Development (EBRD) intends to begin the cooperation with Ukrainian State Enterprise of Posts “Ukrposhta” in the corporative enterprise management. It will also consider the enterprise investment possibility in the future. Sevki Akuner, the director of EBRD in Ukraine said: We have been working with USEP Ukrposhta […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

Robinhood will allow users of its platform to buy shares before the IPO

Robinhood, whose stock trading app has revolutionized Wall Street access to ordinary Americans on small budgets, on Thursday, launched a phased launch of a new product called IPO Access.   IPO Access gives users the opportunity to buy shares until their initial public offering (IPO) on the stock exchange at the IPO price (the price […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

Apple has been accused of violating user rights in France

In France, France Digitale claims that Apple violates EU law to protect user data. As found in France Digitale, by default, all devices allow Apple to “run its own advertising campaigns without clearly informing users,” although in the latest version of iOS 14 users are asked if they are willing to allow applications installed on […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

Musk begins testing Neuralink on humans

According to the owner of a startup, the unit will help to put on the feet people, suffering from incurable diseases. Musk founded the startup Neuralink in 2016, the aim is to create a device that provides a direct link between the computer and the human brain. The device, which connects directly to the computer […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

Erdogan announced data on gas reserves in the new field

Turkey has discovered a new large natural gas field in the Black Sea with reserves of more than 135 billion cubic meters. President Recep Tayyip Erdogan announced this on Friday, June 4. “Our drilling vessel Fatih has discovered a new 135 billion cubic meter natural gas field at the Amasra-1 well in the Sakarya section […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

In Ukraine will be produced of up to 50 medicine products from India

At the pharmaceutical plant “Kusum Pharm” in Sumy by the end of 2019 the production will be doubled, which will allow to produce up to 50 new names of drugs. This will be possible thanks to the implementation of the import substitution program. This was told reporters co-founder and CEO Rajeev Gupta, during an official […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

Amazon is releasing a fitness tracker and Halo subscription

Amazon is beginning the expansion in the fitness tracker market with the release of its first Halo fitness tracker and fitness app. The offer from Amazon will compete with the existing world leader in the device market – Apple’s smart watch – Apple Watch, with a fitness tracker and a smart watch from Fitbit, which […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

S&P forecasts devaluation of hryvnia

International rating agency S&P Global Ratings forecasts the hryvnia exchange rate at 29.5 per dollar by the end of 2021. This is stated in the review of the agency. At the same time, in 2022 the hryvnia exchange rate is projected as 30 per dollar, in 2023 – 30.5 hryvnias per dollar. and at the […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

Important events in the business world for a week

LDaily prepared  the short overview of latest news in the sphere of business and finance for last week for the readers. If you missed something, it would  a good opportunity  to correct it. 1. Epic with e-declarations  came to an end, but not for all On October 30, 2016, at 24:00 the stage of  the Ukrainian […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

The media has learned that American billionaires pay meager taxes

In the United States over the past 15 years, 25 billionaires have paid a much lower income tax than they should have. ProPublica based on confidential data from the US IRS published the investigation. In particular, among the 25 billionaires are Berkshire Hathaway CEO Warren Buffett, former New York Mayor Michael Bloomberg, Amazon founder Jeff […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

“Darnitsa” was fined for the purchase of “Borshagovskyi CPP” shares without the permission of the AMCU

The AMCU has fined the “Darnitsa” pharmaceutical company for more than 20 thousand UAH due to the violation of the law “On Protection of Economic Competition” in the form of the acquisition of 30% stake in the “Borshagovskyi  CPP”, JSC (Kyiv) without relevant regulatory approval. This was reported by the press service of the AMCU. […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

Bill Gates warned against buying Bitcoin

Microsoft founder Bill Gates has warned investors against buying the cryptocurrency Bitcoin. Bloomberg reports. “If you have less money than Ilona [Mask], you probably need to be careful. Ilon has a lot of money and he’s very advanced, so I’m not worried that his bitcoins will rise and fall chaotically,” Gates said. Gates fears that […]

Next
Ukraine has the largest non-fulfillment of the expenditure plan in five years
News

Farmak сan be deprived of license to use the trademark Diazolinum

Commercial Court of Kiev  took to attention  the case of the right’s  deprivation of Farmak Ukraine on the use of certificates for signs for Diazolinum goods. It is reported by a specialized news resource Pharma.net.. A prerequisite to the beginning of the litigation was an appeal of representatives of the international distributor of Farmat LTD […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com