17 Mar 2010 19:04

Ukraine could reduce budget deficit to 6-7% of GDP in 2010

KYIV. March 17 (Interfax) -Ukraine's budget deficit in 2010 should not exceed 6-7% of gross domestic product, compared to the deficit of 12% of GDP registered last year, Presidential Administration First Deputy Head Iryna Akimova said at a briefing.

She said that it would be impossible to achieve a budget deficit of less than 4% of GDP, as proposed by international financial institutions, due to the high budget deficit in 2009.