Revenues of local budgets reach almost UAH 132 bln

Revenues of general funds of local budgets in January-November 2016, not taking into account transfers, totaled UAH 131.9 billion, which is almost by 50% or UAH 43.7 billion more compared to the same period last year, Finclub reports.

According to the Finance Ministry, the amount of revenues received over 11 months totaled 104.6% of the annual volumes approved by local councils.

Also, as of December 1, local budgets received UAH 169.9 billion in inter-budget transfers, accounting for 97.9% of target volumes for this period.

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