The trend toward increasing revenues of budgets of all levels compared to last year has been maintained: revenues to the consolidated budget increased by 27.9 million UAH, or by 11.2 percent, to the state budget - by 22.6 million UAH, or by 17.5 percent, local budgets - by 5.3 million UAH, or by 4.4 percent.

Volumes of value added tax revenues increased by 15.4 million UAH, or by 23 percent, by 4.8 million UAH, or by 31 percent - excise duty, by 5.4 million UAH, or by 6.8 percent - personal income tax to the consolidated budget.

The control figures of the Ministry of Finance of Ukraine have been overfulfilled since the beginning of the year by 8.2 million UAH (fulfillment amounted to 107.2 percent, the task was 113.7 million UAH - fulfilled 122 million UAH). Accordingly, for July - an additional 3.6 million UAH was received. With assigned tasks of 16.1 million UAH, 19.6 million UAH was received (122.4 percent).

Work continues on bringing enterprises out of unprofitability, ensuring profit tax accruals in amounts adequate to the indicators of their economic development.

Whereas in 2002, 731 loss-making enterprises were recorded, according to the results of 2003 - 298, then as of 01.08.2004 - 109.

According to tax reporting for the 1st quarter of 2004, the number of loss-making enterprises decreased by 2.3 times and amounted to 66.

97 enterprises that operated at a loss in 2003, according to the results of the 1st quarter of 2004, showed profits.

As a result, the share of loss-making enterprises in the total number of profit tax payers decreased from 2.7 to 1.3 percent, and taking into account uncovered losses of previous periods - to 2.1 percent.