Ukraine PM rebuffs president's economic 'hysterics': report

10:12, 02 February 2009
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"For the moment the budget works properly..."

Ukraine Prime Minister Yulia Tymoshenko in an interview Saturday accused her political rival President Viktor Yushchenko of "hysterics" over the economic crisis and ruled out budget changes for now, according to AFP.

"For the moment the budget works properly and we are absolutely not going to review it," she said in an interview with UNIAN news agency.

"... If we see any risks during the first part of the year, then we will consider whether to change the budget or not."

She accused the president of "hysterics" for his comments on the economic crisis in a televised address to the nation on Friday.

On Friday, Yushchenko called for "immediate" amendment of the 2009 budget, which officially sets forth a deficit of three percent of GDP, as experts warned that the chasm between the budget`s revenues and expenses could be much greater.

He said the country`s financial system was unbalanced.

"Ukrainian industry is halting, workers are either massively dismissed or left without salary... All this can bring about a social catastrophe," Yushchenko said.

AFP

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