2015 Ukraine budget

2015 (2015) Budget of Ukrainian government
Submitted December 29, 2014
Submitted by Arseniy Yatseniuk
Submitted to 8th Rada
Total revenue ₴475,240 billion
Total expenditures ₴527,194 billion
Deficit ₴63,670 billion
3.7% of GDP
Debt ₴279,68 billion

₴17 = $1

‹ 2014
2016 ›

The 2015 budget of Ukraine is the national budget for fiscal year 2015, which runs from January 1, 2015 to December 31, 2015. The budget takes the form of a budget bill which must be agreed by Verkhovna Rada in order to become final, but never receives the signature or veto of the President of Ukraine. Actual government spending will occur through later appropriations legislation that is signed into law.

Overview

Ukraine's parliament approves austerity laws needed for the draft budget on the early morning of the 29th December 2014. “This budget, like other budgets adopted in this hall, is far from perfect,” Yatsenyuk said before the vote. “That’s why the budget must be reviewed no later than February 2015". The Rada was under pressure to approve a budget as soon as possible before the new financial year. Ukraine was seeking to unlock the next tranche of a $17 billion bailout loan from the IMF.

Total revenues and spending

These tables are in billions of hryvnias. The draft budget for 2015.

Receipts

Item Requested Enacted
Individual income tax 42,325
Social Security and other payroll tax
Corporate income tax 33,573
Excise tax 36,525
Customs duties 31,717
Estate and gift taxes
National Bank of Ukraine 65,4
Other miscellaneous receipts
Total

Outlays by agency

Ministry
 Spendings
Economic Development and Trade 0,8
Infrastructure 0,032
Social Policy 98
Regional Development, Construction, and Communal Living 1,2
Education and Science, Youth and Sport 19,7
Culture 2,1
Defense 90
Health Security 6,5
Interior 14,8
Agrarian Policy and Food 1,1
Justice 5
Foreign Affairs 2,2
Finance 1,7
Energy and Coal Mining Industry 1,5
Ecology and Natural Resources 3,4
Emergencies 3,6
Information 0,004
Verkhovna Rada 0,5
Secretariat of Cabinet of Ministers 0,247

External links

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