The state budget deficit in 2016 amounted 70,130 billion. This is 1.6 times greater than the deficit for the previous year at the level 45,167 billion, according to the State Treasury service.

The annual rate of the budget deficit was below the established limit level 83,694 billion.

The consolidated budget deficit for 2016 was $ 54,683 billion UAH, which is 1.8 times the amount of the deficit for the same period of the previous year at the level 30,898 billion.

The state Treasury notes that the proceeds from privatization was 0.19 billion, whereas financing under debt transactions totaled 177,256 billion, due to changes in the volume of budgetary funds – 21.9 billion UAH.

Earlier the state property Fund reported on the results of privatization in 2016 If the plan proceeds 17.1 billion UAH, the SPF was able to implement the state property in the amount of 331 million. Therefore, the privatization plan was fulfilled by only 1.9%. In particular, it has been postponed the privatization of power companies, held a tender for the sale of the Odessa priportovogo plant, Kherson CHP, plants of Orion and gayvoronskiy locomotive.

Last year the state budget has reduced the deficit by 70 billion UAH 27.01.2017

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