Expenditures from the general fund of the state budget for supporting the Armed Forces of Ukraine through the purchase of military equipment, armaments, munitions, defense-related products, and personal protective equipment in November rose to 81.9 billion UAH (24.0% of total expenditures) from 67.6 billion UAH (21.6%) in October.
According to the Ministry of Finance of Ukraine, citing data from the State Treasury, cash expenditures for the monetary support of military personnel in November slightly increased compared to the previous month, reaching 86.6 billion UAH from 86.0 billion UAH, accounting for 25.4% of total expenditures compared to 27.5% the month before.
Total labor expenditures with accruals in November rose to 115.3 billion UAH, or 33.8% of all expenditures, while in October it was 113.2 billion UAH, or 36.1%.
Overall, expenditures from the general fund of the state budget in the past month increased to 340.9 billion UAH from 313.2 billion UAH in October and 249.4 billion UAH in September.
According to the Ministry of Finance, funding for social security in the 11th month of this year decreased to 44.6 billion UAH (13.1%) after rising to 54.2 billion UAH (17.3%) in October. This included a transfer of 21.9 billion UAH to the Pension Fund (21.7 billion UAH in October).
Of the remaining expenditures, 3.9% went to the National Health Service of Ukraine for implementing the state guarantees program for medical services – 13.2 billion UAH (12.1 billion UAH in November), and another 4.7%, or 16.0 billion UAH, went to transfers to local budgets (16.2 billion UAH in November).
Debt servicing in November increased to 43.2 billion UAH from 26.1 billion UAH in October.
Expenditures from the Entrepreneurship Fund in the past month, according to statistics, were close to zero.
As reported, in November 2024, revenues to the general fund of the state budget rose to 220 billion UAH from 129.0 billion UAH in October and 122.9 billion UAH in September.
Overall, the revenues of the state budget of Ukraine for the 11 months of 2024 reached 2 trillion 650.1 billion UAH, including the general fund – 1 trillion 891.0 billion UAH, while cash expenditures amounted to 3 trillion 774.6 billion UAH and 2 trillion 996.9 billion UAH respectively.
According to operational data from the Ministry of Finance, compared to the 11 months of the previous year, expenditures increased by 9.4%, or 322.8 billion UAH, while revenues rose by 10.5%, or 252.8 billion UAH. For the general fund, the increase in expenditures was 13.9%, or 364.6 billion UAH, while revenues grew by 23.1%, or 355.0 billion UAH.
In the past year, for the 11 months, the general fund received 404.9 billion UAH in grant international aid, while this year it amounted to 325.6 billion UAH.
The Ministry of Finance specified that expenditures for salary payments from January to November of this year exceeded last year's figures for the same period by 6.9%, for social security by 7.9%, for debt servicing by 27.5%, and for transfers to local budgets by 20.2%.
The Verkhovna Rada in mid-September increased the revenues of the state budget-2024 by 143.0 billion UAH to 1 trillion 911.5 billion UAH (excluding grants), and expenditures by 427.6 billion UAH to 3 trillion 736.6 billion UAH, with the maximum deficit increased by 274.6 billion UAH to 1 trillion 846.1 billion UAH.
For the general fund, the increase in revenues for the state budget-2024 was 154.2 billion UAH to 1 trillion 750.8 billion UAH (excluding grants), expenditures increased by 438.8 billion UAH to 3 trillion 547.0 billion UAH, and the maximum deficit increased by 274.6 billion UAH to 1 trillion 783.7 billion UAH.
The revenues of the state budget-2023 amounted to 2.67 trillion UAH, of which grant aid was 0.43 trillion UAH. Cash expenditures of the state budget for the past year exceeded 4 trillion UAH, while the deficit was 1.33 trillion UAH, with an average annual exchange rate of about 36.6 UAH/$1.