KIEV, March 13 ??“ First Deputy Prime Minister and Finance Minister Mykola Azarov said Tuesday there is a risk that the government will fail to meet its privatization revenue target in 2007.

Azarov argued that was the reason why the government had been keeping large amount of cash on its account in the State Treasury.

"There are risks [with privatization revenues], and while they exist, these risks, I will not permit the amount of assets in the treasury to fall to a dangerous level at which we cannot pay wages and pensions on time," he said during a briefing on Tuesday.