The Cabinet of Ministers of Ukraine has approved the draft state budget 2013 with a forecast of gross domestic product (GDP) growth of 3.4% and inflation of 4.8%, acting vice PM and social policy minister of Ukraine Serhiy Tihipko has said.

"Today we have approved the new state budget, but work on it will continue until the end of the day. We're still working with the Finance Ministry. We will finish the work on all indices," he has told journalists in Kyiv on Monday.

Tihipko also said that by the end of the day the government will submit the document to the Parliament, which may consider it on Tuesday, December 4.

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