Budget classification

The Economic classification of budget expenditures, in accordance with para. 5 of art. 10 of the Budget Code of Ukraine, has the following levels of detail:

• Current Expenditures – budget expenditures that are directed to the implementation of budget programmes and that ensure the current functioning of budgetary institutions, research, development, activities and current transfers to the population and enterprises (institutions, organisations);
• Capital Expenditures – payments for the acquisition of non-current assets (including land, non-material assets, etc.), strategic and emergency stocks of goods, non-repayable payments transferred to Recipients of budget funds for the purpose of acquisition, modernisation, construction, expansion, reconstruction, restoration, etc. of such assets, compensation for losses related to the destruction or damage of non-current assets.

The Economic classification of budget expenditures was approved by the order of the Ministry of Finance of Ukraine dated 14 January 2011, No. 11 “On Budget Classification” and is available through the public API (Application Programming Interface).