The Cabinet of Ministers of Ukraine refused from idea of creating a stabilizing fund in the state budget-2006.

According to an UNIAN correspondent, Finance Minister Victor Pinzenyk said this at a session of the government committee today.

He disclosed that the idea of setting up the fund was a technical instrument, “which was proposed to not allow a political consideration of the budget”.

Meanwhile V.Pinzenyk that presently the means, which were allocated for creating the fund, are at the accounts of the State Treasury.