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Ukraine’s budget to be revised before and after IMF talks - lawmaker

December 31, 2014, 7:07 UTC+3 KIEV
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KIEV, December 31. /TASS/. Ukraine’s budget for the next year will be revised both before and after negotiations with the International Monetary Fund (IMF), a lawmaker of the People’s Front faction, Natalya Kazer-Buchkovskaya said on Wednesday.

“This procedure will take place until February 15, depending on talks with the IMF. This will not be for what we vote and can’t change - changes are introduced to the budget, the budget process lasts during the whole year,” she said.

Ukraine’s parliament, the Verkhovna Rada, on Monday adopted the 2015 state budget with an estimated shortfall of some $4 billion.

Prime Minister Arseny Yatsenyuk said presenting the draft state budget to the parliament that the document was “candidly far from being perfect” and required adjustments, which should be introduced by February 15, 2015.

A number of Ukrainian lawmakers have expressed opposition towards the document and the procedure during which it was adopted.

Lawmaker Vladimir Parasyuk said the vote is another “massive fraud” Yatsenyuk and his party, the People’s Front. The lawmakers “voted for an empty sheet of paper” which will allow corruption schemes, he said.

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