Ukraine’s treasury deficit to total 7.3% of GDPStaff writer ▼ | November 27, 2015
Ukraine’s Finance Ministry expects treasury deficit to stand at 7.3% of GDP by the end of 2015, the Minister Natalie Jaresko wrote in an article published in Ukrayinska Pravda.
Treasury Minister Natalie Jaresko:
In August, the country’s President Petro Poroshenko said Naftogaz’ deficit totaled $1.25 bln.
According to Jaresko, Ukraine will cut its treasury deficit almost by half. "Our aim for 2016 is to adopt a budget that will ensure further state financial recovery, particularly by reducing budget deficit to 3.7% of GDP including Naftogaz," she wrote. ■