Revenues and expenditures were increased in Kyiv revised draft budget for 2016, they are forecast at UAH 27 billion and UAH 25 billion and a half respectively. The final draft of the main capital budget for the next year is published on the website of the Kiev City Council. The Budget Commission proposes to allocate on social and economic development of the capital over UAH 2 billion, instead of 1,5 as proposed earlier. It is planned to get major revenues from personal income tax, land payments, single tax and share of corporate income tax.
Budget and program of development of Kyiv for 2016 were considered by the city council on December 3. These documents are planned to be approved at December 22 session.
