KIEV, Dec. 22 – The revenue target of the general fund of Ukraine's national budget in 2009 could be short by UAH 34 billion, or some 19%, according to the Ukrainian presidential secretariat.

"If the government manages to finance required expenses, the deficit will reach UAH 104 billion or over 10% of GDP," First Deputy Head of the presidential secretariat Oleksandr Shlapak said at a press conference in Kyiv on Monday.

He said that over the first ten months of 2009 the budget deficit, taking into account bank re-capitalization, totaled over UAH 60 billion.