Prime Minister of Ukraine Victor Yanukovych declares that Cabinet of Ministers is pressed for time to prepare final variant of draft budget bill for the year 2007.

The Premier asked the Finance Ministry to finish the work before November 20, “as it was agreed earlier,” and to submit the document for consideration in the parliament.

Addressing his colleagues, Yanukovych asked them “to examine thoroughly revenues of Ukraine’s budget.” “I mean our state monopolies. We must treat this issue very seriously. We should not put enterprises’ losses in the tariffs in any circumstances,” the PM said.

Additionally, Yanukovych asked Azarov to return tax base to the planned level. “This level is approved by the legislation of Ukraine and there should not be any withdrawals from incomes of our enterprises,” he noted.

“We know very well what it can result in – in bankruptcy of the state monopolies,” the Premier reminded.


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