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Ukraine Increases 2007 State Budget Income & Expenditures

Ukraine Increases 2007 State Budget Income & Expenditures

1 June 2008

On Tuesday the Verkhovna Rada passed amendments to the 2007 State Budget, increasing income by USD 0.73 bln to USD 30.9 bln and expenditures by USD 0.77 bln to USD 34.3 bln. Concorde Capital: This is the second time the Rada has amended the 2007 budget (the first bill was adopted on March 15). Just as before, the increase in income is attributed to raising social benefits (wages and pensions).

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