President criticizes the Government for conducting talks with Russia on a loan

President Yushchenko believes that governmental consultations between Ukraine and Russia on a loan of 5 billion dollars to cover the new gas price are continuation of government’s futile policy and should not be conducted in an underhand way. He told a press conference in Ivano-Frankivsk.

He also expressed opinion that the talks prove that the Government is unable to manage huge budgetary deficit. According to the President this deficit estimates at 31 billion hryvnyas with additional 45 billion planned for recapitalization of banking system.

Viktor Yushchenko urged the Government to abandon such budgetary policy, warning that such large deficit would result in inflation.

Returning to the subject on tlaks with Russia on the loan President Yushchenko said that he would not approve directives for such a talks but added that it is early to make any substaintial comments before this question is raised officially.

ForUm

Discuss news in the Forum

One-line news

13:19 In Davos, President Viktor Yanukovych took part in a World Economic Forum session “New Energy Architecture: Enabling an effective transition.”

10:10 In Davos, President Viktor Yanukovych took part in a session of the World Economic Forum titled "Energy for Economic Growth.” During the session, President Yanukovych brought up the issue of energy security of Ukraine, and told about the implementation of new technologies to use alternative and unconventional energy sources in our country.

24 January 2012

13:48 A Ukrainian delegation has left for Washington to hold talks with the International Monetary Fund (IMF), Ukrainian Finance Ministry spokesperson Viktor Kosarchuk has said.

All news

News

13 February 2012

17:52 Parliamentary committee on public health recommends to ban smoking in public places

17:20 Drunken deputy broke window of traffic police car

16:50 Ukraine makes payment on first tranche of IMF loan on time

16:12 Ukrainian scientist suspected of spying for U.S.

15:40 European Commission welcomes progress made by Ukraine in implementing Action Plan on Visa Liberalization

15:00 Russia's ban on Ukrainain cheese is not catastrophic event, Ukraine's Agrarian Ministry says

14:31 Expert: Russia and EU will agree on Ukraine's conditions on gas consortium

14:00 Tymoshenko's defense team appeals court decision limiting time for review of case file

13:30 Ukrainian Green Party opposes construction of radioactive waste storage near Chornobyl

13:00 PM Azarov promises the most transparent elections ever

12:30 Barge with 11 Ukrainians onboard trapped in ice

11:55 Spring will come to Ukraine in mid-March

11:17 Regional Development Ministry signs $3 million contract with World Bank to revive housing sector energy efficiency by 2015

10:38 Foreign doctors arrived in Ukraine to examine Tymoshenko

10:00 President instructs establishment of EuroBasket 2015 organizing committee

All news

Top

Editorial staff:english@for-ua.com
Republication or redistribution of ForUm content, including by framing or similar means,
is allowed with the reference to en.for-ua.com only.
All rights are reserved by © LTD. Inter-Media, ForUm 2001-2012