"We've lost a quarter of the Ukrainian economy. Hundreds of facilities were closed because of war..." Yatsenyuk said on Tuesday in a conference call to regional governors over budget fulfillment.
At the same time the government managed to collect more in taxes than in the previous year, he added.
Talking about Ukraine's fiscal position, Yatsenyuk said the government had managed to accumulate almost $670 million in its single treasury account.
"I had a look at the latest statistics. A year ago, the single treasury account held 108,000 hryvnia ($4,600), this morning there were 15.5 billion hryvnia ($670 million)," he said.
The funding from the International Monetary Fund (IMF) will help Ukraine service external debt, while tax revenues will be used to finance defense and social benefits, he added .... http://www.sott.net
