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. Last Updated: 07/27/2016

Kiev Revenues Up 36%

KIEV — Ukraine’s state budget revenues grew by 36.6 percent to total 24.308 billion hryvnas ($4.47 billion) in the first nine months of the year compared to the same period a year ago, Prime Minister Viktor Yushchenko said Wednesday.

Yushchenko told reporters revenues of the consolidated budget, which includes the state budget and regional budgets, rose by 45.9 percent to 33.459 billion hryvnas in January to September compared to the same period of 1999. "As of Oct. 27, the surplus of the consolidated budget, calculated to the IMF standards, totaled 1.695 billion hryvnas," Yushchenko said.

The parliament had adopted a zero-deficit budget for 2000.

The successful implementation of the budget is a key condition needed to resume a stalled $2.6 billion IMF program, which the government is eager to get back on track as soon as possible.