OREANDA-NEWS. August 12, 2011. Opening the session of the Cabinet of the Ministers of Ukraine the Prime Minister Mykola Azarov said the Ministry of Finance is completing work on the project of the State budget of Ukraine for 2012 year.

"This budget we have to combine with greater safety factor. Figuratively speaking to create a protective dam against quite probable calls and risks in the world market", - Mykola Azarov emphasized and added: "Therefore the budget should be the extremely economical.

The budget deficit should be reduced to a minimum. To aim the State expenditure at social protection and on creation of reserves and resources this will allow overcoming uneasy time ".