KIEV, June 15 – Parliament has increased the revenues of the national budget for 2011 by UAH 14.047 billion or by 4.9%, to UAH 299.12 billion, and raised the spending target by UAH 11.449 billion or by 3.5%, to UAH 336.977 billion, while decreasing the budget deficit by 9%, or by UAH 3.5 billion, to UAH 35.343 billion.
A bill on amendments to the 2011 national budget making the changes (No. 8654) was approved with 252 votes from MPs.
"Revenues grew by UAH 14 billion (those of the general fund by UAH 13.5 billion and those of the special fund by UAH 500 million), expenditures rose by UAH 11.45 billion (that of the general fund by UAH 10.68 billion and that of the special fund by UAH 770 million), and the national budget deficit fell by UAH 3.5 billion (on the general fund)," according to a posting on the parliament's Web site.
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