State Treasury’s funds balance updates 12-year record
The funds balance in the single account of the State Treasury Service of Ukraine as of September 1, 2015 amounted to UAH 45.853 billion, the highest level recorded at month start in 12 years, according to the website of the State Treasury.
Ukraine's State Treasury funds balance grew by 38%, or UAH 12.582 billion, as compared with the beginning of the previous month, in annual terms by 4.5 times, and by 15 times since the year start.
The funds balance in the single treasury account is not a constant value, subject to the increase due to revenues from taxes and other mandatory payments to the state and local budgets, and decrease during budget spending peaks.
As UNIAN reported earlier, the funds balance in the single account of the State Treasury Service of Ukraine as of August 01, 2015 amounted to UAH 33.271 billion.