Ukraine has agreed the revenue side of its draft state budget for 2012 with the International Monetary Fund (IMF), whereas proposals for the expenditure side are currently being discussed, First Deputy Head of Ukraine's Presidential Administration Iryna Akimova said at a briefing in Kyiv on Friday, Interfax-Ukraine reported.

She noted that Ukraine was agreeing its draft budget figures with the IMF.

"We must necessarily resolve all of the issues, not only with the forecast for macroeconomic figures, but also with the forecast for expenditures and revenues," Akimova said.

She said that the issue of the revenue side of the state budget for next year had already been agreed with the IMF.

"We are actively working to agree our proposals related to the expenditure side [of the draft state budget]," Akimova said.

She also expressed hope that the draft state budget for 2012 would be submitted to Ukraine's parliament on time.

"It's a very positive signal that this [budget process] has begun now, rather than at the end of 2011. This means that the government is seriously committed to preparing this most important document. I hope that this document will be tabled in parliament by September 15, as planned earlier," she said.


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