Shlapak `would veto` 2007 budget

15:17, 07 December 2006
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He says MPs failed

Oleksandr Shlapak, Head of the Secretariat Office for Social and Economic Development, told reporters on Wednesday MPs had failed to consider a number of important proposals from the President when adopting next year’s budget, according to the President`s press-office.

      The minimal wage will grow by only 12.5% in 2007 (40% in 2005; 20% in 2006), he said. There are other things that worry the President, such as insufficient funding of the Armed Forces, government interference in the economy and attempts to dodge paying VAT when importing goods.

      Mr. Shlapak said he would recommend that the President veto this budget.

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