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Nation    

Yushchenko signs govt 2009 budget but voices concern over deficit
Journal Staff Report

KIEV, Dec. 29 – President Viktor Yushchenko signed the government’s 2009 budget into law, but indicated that running the budget with deficit at 3% of GDP was not the best response to the financial crisis.

The International Monetary Fund had called for a deficit-free budget as a condition for $16.4 billion emergency loan approved last month.




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