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Where there is no law, but every man does what is right in his own eyes, there is the least of real liberty
Henry M. Robert

President to Sign Budget

13 November, 2012 - 00:00

Minister of Finance Ihor Mitiukov reported that Parliament would transfer the amended 1998 draft state budget to the President for signing into law.

According to him, the revenues part has been finally reconciled which would give an opportunity to cut budget deficit down to 3.3% of the GDP. Mitiukov said also that Ukraine will pay off on time the loan granted by Japan's Nakamura Investment Bank, paying $450 million in August. To do so Ukraine will use all possible financial sources. Mitiukov said that "private accounts and Nakamura participation in refinancing this loan" may be used as one of the sources, according to Interfax-Ukraine.

 

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