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

  • Gas stations were obliged to warn of rising fuel prices
    News

    Gas stations were obliged to warn of rising fuel prices

    The Cabinet of Ministers has introduced a mandatory declaration of an increase in retail prices for gasoline and diesel fuel by more than 1%. Now the price increase must be reported in 20 days. This is stated in Government Resolution №450 of March 29, 2021, which was updated. The list of socially significant goods to […]

  • The UN has improved its GDP forecast this year
    News

    The UN has improved its GDP forecast this year

    The United Nations has raised its GDP growth forecast to 5.4% (from 4.7% in January) in 2021. This is stated in the report of the organization. According to the UN, after a sharp decline of 3.6% in 2020, the world economy is expected to grow by 5.4% this year. It is noted that global growth […]

  • Bezos sold Amazon shares for $ 6.7 billion
    News

    Bezos sold Amazon shares for $ 6.7 billion

    Amazon founder and CEO Jeff Bezos sold shares of the company worth about $ 6.7 billion for the period from 3 to 10 May. This was reported by Interfax on Wednesday, May 12, citing data from the Securities and Exchange Commission (SEC). In particular, from May 3 to 6, Bezos sold 1.48 million shares for […]

  • Lowcost will start flying from Kyiv to the UAE
    News

    Lowcost will start flying from Kyiv to the UAE

    Wizz Air will start operating regular flights between Kiev and Abu Dhabi from July 1, 2021. This was announced on Monday, May 10, CTS with reference to the information published by the carrier. It is specified that flights from Ukraine will be carried out from the airport in Borispol. “Flights will be operated three times […]

  • Ukraine’s reserves have grown by a billion dollars
    News

    Ukraine’s reserves have grown by a billion dollars

    In April, Ukraine’s international reserves increased by $ 965.30 million (by 3.6%) and as of May 1 amounted to $ 28 billion. This was reported on the website of the National Bank. “In April, they increased by 3.6%, taking into account foreign exchange earnings in favor of the government and the revaluation of financial instruments,” […]

  • Musk became the “most expensive” CEO in the United States
    News

    Musk became the “most expensive” CEO in the United States

    The founder of Tesla and SpaceX, Elon Musk, became the highest paid CEO in the United States last year, according to Forbes magazine. The publication reminds that in 2018 Musk gave up his salary at Tesla. Instead, he receives a reward in the form of options on the company’s shares. In 2020, the businessman received […]

  • Ford recalls more than 660,000 SUVs in North America
    News

    Ford recalls more than 660,000 SUVs in North America

    American carmaker Ford is recalling more than 661,000 Ford Explorer crossovers in North America due to problems with disconnecting the roof rails. Reuters reported this the day before. The US National Highway Traffic Safety Administration requested a recall. If necessary, the dealer will install special pins and replace the damage. Since the beginning of 2020, […]

  • Oil is rising due to a hacker attack in the United States
    News

    Oil is rising due to a hacker attack in the United States

    World oil prices of reference brands began the working week with a moderate increase amid disruptions in the US Colonial Pipeline after a hacker attack. This is evidenced by trading data on Monday, May 10. Thus, July futures for Brent on the London Stock Exchange ICE Futures rose by $ 0.57 (0.83%) – to $ […]

Read also

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

For the first time, the Baltic States have given up electricity from Russia

For the first time in history, the Baltic States have completely given up electricity from Russia during the tests for the exit from the BRELL energy ring (Belarus, Russia, Estonia, Latvia, and Lithuania – ed.), Scheduled for 2025. It is noted that Latvia suspended commercial imports from Russia for two days (April 8 and 11) […]

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

Financial Times reported fall of a dollar to 20%

With the appearance of an effective vaccine against coronavirus and the subsequent recovery of the world economy, the US dollar may fall by 20%. This was reported by the Financial Times. It is noted that banks, which already had negative forecasts for the dollar next year, deteriorated expectations against the background of the emergence of […]

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

The most successful advertizing campaigns for the last 60 years

Why “to speak about itself”  is so important for any business? In the conditions of the competitive struggle for money of the buyer bright, attractive advertizing is the integral attribute of successful business strategy. What is the main secret  how to make the prospective client purchase what you are  offered to buy for him ? […]

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

Avellana Gold Ltd. purchases Zakharchenko’s Company

Avellana Gold Ltd. has become the owner of PJSC Carpathian metallic mineral company. Interfax-Ukraine has informed about it. According to information, placed on the website, the foreign holding also invests about 400 million dollars in the development of an industrial complex. The agreement on investment attraction was signed on November 16,2016. Other details of the […]

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

Engie to store gas in Ukraine

NPJSC Ukrtransgaz, Engie and its Enegie Energy Management Ukraine subsidiary company have concluded the contracts on natural gas transportation and storage. NPJSC Ukrtransgaz is reported about it.The agreement conclusion has taken place in Paris during Ukrainian and French economy forum . Igor Prokopiv, the President of NPJSC Ukrtransgaz admitted that they were ready to perform […]

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

The four-day workweek is becoming increasingly popular in the world

Over the past three years, the number of vacancies in the world has tripled with a four-day working week. Their number increased to 62 per 10,000. It is noted that the effectiveness of the reduced working week is also confirmed by the results of research conducted by the British think tank Autonomy. “The four-day week […]

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

The former factory Mitsubishi is now owned by Rivian Automotive

The American company Rivian Automotive purchased the plant, formerly owned by the Japanese carmaker, and intends to use it for the production of electric cars. The reason for the suspension of production by the former owner at the Illinois plant was the fact that the model, which was produced there (light SUV Outlander Sport / […]

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

Marriott announced about merge

Marriott is buying Starwood to make the largest hotel company in the world. Together, the companies will operate or franchise 5,500 hotels with a total of 1.1 million rooms. The company will span 100 countries. Marriott International (MAR) and Starwood Hotels & Resorts Worldwide (HOT) announced the $12.2 billion deal on Monday. Starwood brands include W Hotels, St. Regis, Westin and […]

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

EXPERT OPINIONS

What are the prospects for the development of foreign and domestic business in Ukraine in the next three years? Petro Rondiak, the Chairman of the Board of Winner Group Ukraine At Winner, we have always been optimistic about the prospects of Ukraine. Our investments reflect the long-term intentions for staying in the country. In the […]

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

Prosecutor’s office has exacted 20 million UAH from the company Ukrspyrt

Workers of Gorodetsk local prosecutor’s office (Ukraine, Lviv region) have exacted 20 million UAH from the Ukrainian State Enterprise Ukrspyrt. This was reported to Ukrainian media by representatives of  the press service of control authority. According to provided information, the manufacturer of alcoholic beverages was fined in connection with the unauthorized extraction of water for […]

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

The net profit of the largest oil company in the world has almost halved

The net profit of the world’s largest production and reserves of Saudi oil company Saudi Aramco in 2020 amounted to $ 49 billion against $ 88.2 billion a year earlier. The decrease was 1.8 times, according to company reports. It is noted that 2020 has become one of the most difficult in the history of […]

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

Adobe demonstrated the best third quarter in its history

Shares of Adobe Systems, which rose to 76% over the past 12 months, increased by 2.8% after the announcement of a strong 3rd quarter, traditionally considered seasonally weak. “Adobe has demonstrated the best third quarter in our history,” said Shantanu Narayen, president and CEO of Adobe. “We are confident that our leadership in digital services […]

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

Lyft announces a resumption of travel and expects profits by the end of 2021

Shares of Lyft, which fell 16.2% since the beginning of the year but jumped 37.4% over the past week, rose 5.8% amid investor reaction to the company’s quarterly report. Lyft reported a loss for the third quarter (ended September 30) at $ 1.46, which is worse than analysts’ forecasts at – $ 0.91 loss per […]

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

Amazon has received permission to deliver orders by drone to the United States

Amazon, an online retailer, has received permission from the US Federal Aviation Administration (FAA) to use drones to deliver parcels to customers. The permit was issued for the Prime Air service. Bloomberg writes that now Amazon will be able to start delivering their orders to customers on a commercial basis. The company and its competitors […]

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

Commercial real estate of Ukraine

Today the commercial real estate market is experiencing not its best times. Expectations of both demand and supply growth, and, indirectly, the expectation of economic growth in general are the overall trends of recent years. Current market situation and perspectives Retail turnover for the last year amounted to 1 trillion 159 billion and 271 million […]

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

Robinhood in June surpassed all brokers by number of deals

Startup company in the brokerage industry of the Robinhood on Monday for the first time published their monthly trade data platform. Robinhood Markets is a discount brokerage company that has become popular with novice investors, which offers commission-free trading through its website and mobile app. One of the key indicators which used in the brokerage […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com