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Ukraine's state budget expenditures exceed revenues by $25 bln in eight months

During this time, Ukraine used 2.5 trillion hryvnia from the general fund of the state budget whereas its own revenues amounted to 1.45 trillion hryvnia

MOSCOW, September 3. /TASS/. Expenditures of the general fund of the state budget of Ukraine exceeded revenues by $25 bln in the first eight months of this year, Verkhovna Rada Budget Committee Chairwoman Roksolana Pidlasa said.

During this time, Ukraine used 2.5 trillion hryvnia ($60.4 bln) from the general fund of the state budget whereas its own revenues amounted to 1.45 trillion hryvnia ($35 bln), she noted.

The head of the budget committee commented on significant expenses for servicing the country's national debt. "When expenses exceed revenues by more than 1 trillion hryvnia, which is equivalent to more than $25 bln, it is impossible to talk about reducing international aid or domestic borrowing. This situation will persist until the end of active military actions," Pidlasa said.