February 20 President Viktor Yushchenko took part in the meeting of the Association of Ukrainian Cities and Communities, according to the presidential press office.

Speaking at the meeting Yushchenko said that 2009 State Budget is “fictional”. According to him if the document is not revised, the responsibility will be put not only on central authorities but on local governments as well. Beside that the President reminded that cooperation between Ukraine and the IMF was hared by unreality of the budget and warned that absence of steps from the government aimed at improving the situation would result in Ukraine loosing support of outer financial world.

Making comments on internal economic situation in Ukraine, President Yushchenko expressed concerns about high inflation rates, which resulted in deterioration of social standards as well as about falling GDP growth rate. He also noted that due to falling prices at global markets Ukrainian metallurgy and chemical industry were forced to decrease production.

Addressing the audience  Yushchenko emphasized that in the crisis consolidation of all state authorities around elaboration of a joint anti-crisis plan is very important. He suggested that local authorities representatives, present at the meeting, provided 10 to 15 most topical tasks to be realized in the nearest months. “Each side should demonstrate responsibility,” said Yushchenko.


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