President of Ukraine Viktor Yushchenko is convinced that in the nearest time it is necessary to finish discussion concerning the implementation of the single scale of charges for 2008, he said in his speech during the session of the National Security and Defense Council of Ukraine on Tuesday, ForUm’s correspondent reports.

“2008 budget hearings are an important political and economic issue. I am convinced we have all chances to learn good lessons from what we have been doing this year and what we have failed to do in the area of economic motivations, in fiscal policy and especially in the social sector,”

Yushchenko demanded that the country’s budget deficit must not be higher that 2% of GDP. “This must become a rule,” he said, urging the Government to make local budgets more independent by finding additional sources of revenue. “This can be income tax, license fees or taxes on the use of natural resources and other sources, which are expected to bring up to UAH 30 billion in 2007”.


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