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 price of oil broke a long-standing record
    News

    The price of oil broke a long-standing record

    During trading on Monday, October 11, the price of a barrel of Brent oil rose by 2% to $ 84.01. She reached this mark for the first time since October 2018. US WTI oil rose by $ 1.62 to $ 81.3 – the highest price since 2014, according to Reuters. It is noted that Brent […]

  • From 2023, multinational corporations must pay corporate tax at a rate of at least 15%
    News

    From 2023, multinational corporations must pay corporate tax at a rate of at least 15%

    The agreement on a single corporate tax rate of at least 15 percent was signed by 136 states, which account for more than 90 percent of world GDP. The agreement is aimed at combating tax evasion by international corporations. The initiative was also signed by countries that were initially opposed to tax reform, such as […]

  • The NBU has calculated “on hand” in the population up to $ 35 billion
    News

    The NBU has calculated “on hand” in the population up to $ 35 billion

    The savings of Ukrainian citizens outside the banking system are estimated at $ 30-35 billion. This estimate was given by the chairman of the National Bank Kyrylo Shevchenko during the Kyiv Economic Forum. There are different estimates of the “gray” economy. We in the National Bank believe that this is up to 30% of GDP. […]

  • The NBU has increased the purchase of currency on the interbank market 15 times
    News

    The NBU has increased the purchase of currency on the interbank market 15 times

    During the week, the National Bank of Ukraine bought $ 228 million on the interbank foreign exchange market. At the same time, the central bank did not sell currency on the interbank market. So the NBU continued to buy currency on the interbank market, the bank increased it compared to last week ($ 15 million) […]

  • Musk told when the first European Tesla will appear
    News

    Musk told when the first European Tesla will appear

    The new Tesla factory in Berlin may release the first electric cars next month. CEO Elon Musk stated this. Speaking at the plant, Musk said he hoped to get the green light to begin production in the coming weeks. The last consultation on public concern about the plant ends on October 14, after which the […]

  • Two other Chinese developers have problems paying on bonds
    News

    Two other Chinese developers have problems paying on bonds

    In China, two more developers are unable to repay their debts: Fantasia Holdings has been unable to repay bonds worth $ 205.7 million, and Sinic Holdings is uncertain about the repayment of $ 246 million in bonds, the BBC reports. The day before, trading in Evergrande shares was suspended on the eve of “an announcement […]

  • Telegram has 70 million new users amid Facebook failure
    News

    Telegram has 70 million new users amid Facebook failure

    Telegram Messenger registered more than 70 million new users against the background of a large-scale failure of the social network Facebook and its services. The founder of the messenger Pavlo Durov announced this in his Telegram-channel. “Telegram’s daily growth rate is an order of magnitude higher than normal, and in one day we have received […]

  • The head of Ukreximbank is temporarily resigning
    News

    The head of Ukreximbank is temporarily resigning

    Ukreximbank’s Chairman of the Board Yevhen Metzger has written a statement resigning during the investigation into the attack on journalists. “The situation around the bank is unacceptable. My overly emotional reaction and unrestrained behavior towards journalists are not justified. I am fully aware of my responsibility,” the statement said. To remove partially the damage to […]

Read also

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

Levelling of a legal profession institute : how do professionals react

On October 7, 2016,  the protest action was organised by Council of lawyers of the Kyiv city  and Lawyers Council of Kiev region took place in Kyiv. Though this action will take place under walls of the Verkhovna Rada of Ukraine. However, the problems to which lawyers will pay attention, don’t concern people’s deputies. It […]

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

Starbucks customers will know from which grain prepared their beverage

In the US, customers in Starbucks stores will be told the code of the drink, with which they can get information about where the grain of their choice was delivered, in what conditions it was grown and fried. Farmers who cooperate with the network, also can track their products. “We’ve been able to keep track […]

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

Berkshire Hathaway sells shares of US banks by buying 21 mln. shares of Barrick Gold for $ 563 million

Last week, Berkshire Hathaway has submitted a report form 13F to the Securities and Exchange Commission (SEC) for the second quarter of 2020, by providing an updated information about its portfolio of shares for publicly traded companies. The portfolio of one of the most famous in the world of investment companies headed by Chairman and […]

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

Musk told when the first European Tesla will appear

The new Tesla factory in Berlin may release the first electric cars next month. CEO Elon Musk stated this. Speaking at the plant, Musk said he hoped to get the green light to begin production in the coming weeks. The last consultation on public concern about the plant ends on October 14, after which the […]

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

IBI-Rating and UCRA announced a merger

The rating agency IBI-Rating and the Ukrainian credit rating agency (UCRA) announced a merger. Both companies have the status of authorized rating agencies of the National Commission on Securities and Stock Market of Ukraine and are engaged in the business on the credit rating according to the National Rating Scale. It is reported by the […]

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

The first Ball of German economy – the most exclusive event of 2019!

On 21st of March 2019, at 7 pm, The German-Ukrainian Chamber of Industry and Commerce for the first time will get a VIP treatment for the key men, executives and stakeholders of German and Ukrainian businesses in a ball-room of Fairmont Grand Hotel Kyiv. During this exquisite event, guests will enjoy a bright ball night […]

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

IPO Snowflake has become the largest in the history of IPO software

After a sensational debut Snowflake on the NYSE on Wednesday, shares of the cloud storage and processing company are expected to fall ahead of trading on Thursday. Shares of Snowflake fell to 4.3%. Snowflake brought 28 million shares to the public market to raise $ 3.36 billion during the largest software IPO in history. Shares […]

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

Royal Dutch Shell has sold a part of its business in Malaysia

Dutch-British oil and gas holding company Royal Dutch Shell has transferred a majority stake (51%) of its Malaysian business to local manufacturer – the company Malaysia Hengyuan International Ltd. It is reported by news portal Inventure with reference to the foreign media. According to official information, the transaction value gets at 66.3 million dollars. As […]

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

Shares of Kodak decreased by 43% due to freezing of credit for $ 765 million

Kodak’s shares fell by 42.87% to $ 8.50 per share at the opening of trading of US, after which paper trading was temporarily suspended. According to the New York Stock Exchange, the decline in shares slowed to 33%. Quotes fell after the announcement of the termination of the loan agreement for Kodak for $ 765 […]

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

Investment in Ukraine: inevitable or impossible?

INTENDED POTENTIAL Each country possesses certain positive qualities that enable it to compete for investment when attracting foreign capital. These can be natural resources, geopolitical features, the legal system, level of production, technological and cultural development, etc. Since Ukraine has declared its independence, a certain rating of its investment attractiveness potential has also emerged. Land […]

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

“GSK” and “Vir Biotechnology” go to phase of the 3 studies of antibodies against COVID-19

Companies Vir Biotechnology, Inc. and GlaxoSmithKline plc (GSK) announced the global extension to phase 3 of the COMET-ICE study, which evaluates the effectiveness of monoclonal antibodies – VIR-7831 for early treatment of COVID-19 in patients at high risk of hospitalization. VIR-7831 (also known as GSK4182136) is the fully human monoclonal antibody against SARS-CoV-2, selected for […]

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

Viber starts public accounts in Ukraine

The public service is the channel  of sales department and marketing for news distribution.  Michael Shmilov, the Viber director informs that application interface could optimise by the concrete organisation. After public account creation, the administrators could send the messengers to subscribers in different ways: through CRM system manually  or through chat-bots in private messengers. The […]

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

Statutory merger: Razer & Nextbit

The Razer company, which is engaged in the creation of gaming notebooks (the headquarters California, USA), became the owner of most of the assets Nextbit manufacturer, which produces “cloud smartphones” Robin. It is reported by the source InVenture. Also Razer staff with the acquisition includes all employees of Nextbit Systems Inc., including senior management. All […]

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

Intel will sell for $ 9 billion divisions to produce memory chips

Intel Corp. sells to South Korean the SK Hynix Inc. unit in the field of manufacture NAND memory chips and the storage devices for $ 9 billion. The agreement includes manufacturing operations for NAND chips SSD-drives, NAND components and semiconductor wafers, said in the press release from Intel. SK Hynix will also receive the plant […]

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

The Kernel agricultural holding has increased its sales by oil refining at third-party plants

The largest producer of oil Kernel increased its sales of sunflower oil for 7%, grain – felled  by 6% in the II quarter of the 2016 fiscal year.  Kernel, one of the largest Ukrainian agricultural groups, in the second quarter of fiscal year 2016, which began in July 2015, reduced its grain sales by 6% […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com