Consolidated budget revenues for January-October 2004 amount to 72.3 billion UAH (27.1% of GDP), which is 80.0% of annual allocations. This is reported by the State Statistics Committee, according to «LIGABusinessInform». \n \nRevenues were mainly formed from tax receipts (68.1% of total revenues). \n \nConsolidated budget expenditures, including lending net of repayment, amounted to 77 billion UAH (28.9% of GDP), which is 74% of annual allocations. In the structure of consolidated budget expenditures, 51.5% accounts for financing social and cultural measures, 11.6% – for performing nationwide functions, in particular, debt servicing expenditures – 3.2% (0.9% of GDP), among which external debt – 2.2% (0.6% of GDP). \n \nThe consolidated budget deficit for January-October 2004 amounted to 4.7 billion UAH (1.8% of GDP). \n\nThe state budget for revenues (taking into account relations with local budgets) was executed in the amount of 54.8 billion UAH (78.4% of annual allocations), or 20.6% of GDP, and 62.9% was formed from tax receipts, of which value added tax accounts for 40.3%, corporate income tax – 32.4%. \n\nIn state budget expenditures (including lending net of repayment), amounting to 61.2 billion UAH (75.7% of annual allocations), or 23% of GDP, financing of social and cultural measures (28.8%) and nationwide functions (11.4%) predominates, among which debt servicing (3.8%). The state budget was consolidated with a surplus of 6.4 billion UAH (2.4% of GDP). \n\nThe discount rate of the National Bank of Ukraine for September 2004 was 7.0%.