KIEV, May 19 – President Viktor Yushchenko on Tuesday urged the government to amend the 2009 budget in order to prevent increasing reliance on inflationary money printing for covering Ukraine’s burgeoning budget deficit.
The government forecast the economy to grow 0.4% on the year in 2009, but the country’s economy has been contracting steeply since January, but analysts said the economy will probably contract by 9%.
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