President Viktor Yushchenko believes the January-February inflation rate obliges the Government to form a new budget 2008, President Yushchenko told an interview with the National Channel One TV program "Point of View", UKRINFORM reports citing the presidential press-service.
"Inflation is a factor we will always be facing. The scale of the inflation what is important here. Speaking about January-February rates, these rates oblige the Government to form a new budget 2008 and to protect groups of people which were affected by the inflation," the President stressed.
He said he was discussing the issue with Premier Tymoshenko repeatedly, including at the last meeting. He appealed for drawing conclusions out of the situation with inflation during the first two months of 2008.
According to the State Statistics Committee, the February inflation in Ukraine made 2.7 percent. The consumer price upturn totaled 5.7 percent since the year start.
The state budget 2008 envisages an inflation rate in 2008 at 9.6 percent, however, the indicator will be reviewed.
The 2007 inflation rate reached 16.6 percent in Ukrain
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