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Information reference: budget revenues 2020

, published 03 November 2020 at 18:59

Operational indicators 

- the GDP according to the Ministry for Development of Economy, Trade and Agriculture of Ukraine (1st half of 2020) – a decrease of 6.7%

- Growth rate of total payment revenues controlled by the State Tax Service for 10 months of 2020: + 11.2%

- January – October 2020

(General fund of the state budget)

Indicative figure is 383.6 billion UAH

In fact – 419.4 billion UAH

Over-fulfillment is + 35.9 billion UAH

Comparing to last year: + 60.3 billion UAH or + 16.8%

 

That is, not in May – October only the backlog totaling 11.7 billion 11.7 billion was made up but also a significant over-fulfillment of the target for January – October totaling + 35.9 billion UAH was achieved, including:

the VAT (January – October):

Indicative figure (balance) – 64.9 billion UAH

In fact is 96.4 billion UAH

Over-fulfillment: + 31.5 billion UAH or + 48.5%

Comparing to last year: + 28.7 billion UAH or 1.4 times more.

 

Reference: October 2020

(General fund of the state budget)

Indicative figure (balance) is 22.6 billion UAH

In fact – 32.1 billion UAH

Over-fulfillment is + 9.5 billion UAH + 41.9%

Including the VAT – its over-fulfillment is + 5.8 billion UAH or 2 times more than the indicative.

Comparing to last year the revenue growth is + 4.1 billion UAH, incl. the VAT + 3.9 billion UAH or 1.5 times more.

- Amount of the VAT claimed for reimbursement in January – October 2020 is 108.9 billion UAH, reimbursed – 116.1 billion UAH.

11.9 billion UAH of the VAT was fully reimbursed in October 2020, namely 11.9 billion UAH.