OREANDA-NEWS. September 07, 2009. The Government manages to ensure implementation of the State Budget for 2009. The First Vice Prime Minister Olexandr Turchynov announced during a briefing.

“The budget is well-balanced, it is being implemented with difficulties but we manage to ensure financing of all the budget programs,” Olexandr Turchynov emphasized and added for now the pensions, scholarships and salaries in budget sphere were paid on a timely basis.

According to the First Vice Premier, economically groundless still remain statements of the Regions Party on the need to increase minimal social standards within the country: “It is nonsense. Not having a kopeck of reasoned revenues capable to ensure this raise, it is, in fact, ruining of hryvnya and the whole economics to start up a printing-press so that to throw billions (and it is around UAH 40-50 billion) into our economics by the end of year,” he urged.

Moreover, Olexandr Turchynov emphasized there existed no economic grounds for soaring dollar course against hryvnya but speculative operations on currency market.

The First Vice Prime Minister also stressed issues of currency market and stabilization of the national currency is within competency of the National Bank of Ukraine alone. He explained pursuant to the Constitution the Cabinet of Ministers shall neither rule nor give recommendations to the National Bank of Ukraine, although several months ago all attempts of the Government to maintain effective cooperation with the NBU were ruined. “The only thing the Government is capable to do and is doing is to help to stabilize the work of certain banks and you know the three banks have been recapitalized. We are ready to consider new propositions of the NBU in this issue,” Olexandr Turchynov underlined.