Yanukovych signs 2013 national budget

Ukrainian President Viktor Yanukovych has signed law No. 5515-VI on the national budget of Ukraine for 2013, the president's press service reported on Monday.

The Verkhovna Rada of the sixth convocation passed the document on December 6.

The parliament passed the document with amendments proposed by the Verkhovna Rada Committee on the Budget and preserved the main indices envisaged by it.

According to the proposals of the parliament's budget committee, some UAH 1.9 billion of the expenditures of the general fund of the state budget were rearranged, while the revenues and expenditures of the special fund were raised by UAH 1.42 billion.

The draft budget for 2013 submitted by the government, envisaged revenues in 2013 at UAH 361.51 billion, which is 3% less than the indicator set for 2012, while the expenditures forecast in the budget for 2013 were reduced by 1%, to UAH 410.661 billion. The revenues of the general fund were estimated at UAH 315.22 billion, and expenses at UAH 363.65 billion.

The document also foresaw that excess of loans (UAH 13.38 billion) from the national budget on their return (UAH 12.1 billion) will amount to UAH 1.28 billion.

The deficit of the 2013 national budget was approved at the level of UAH 50.43 billion (3.2% of forecast GDP), which is 30% more than the target set for 2012.