| Economy |
The 21st session of the Lutsk City Council took place, with 8 issues submitted for consideration. In addition to clarifying the 2004 budget, related mainly to budget overperformance and targeted revenues from the regional budget, the deputies also approved the city Program of Employment of the Population for 2005.

Consolidated budget revenues for January-October 2004 amount to 72.3 billion UAH (27.1% of GDP), which is 80.0% of annual allocations. This is reported by the State Statistics Committee, according to «LIGABusinessInform». \n \nRevenues were mainly formed from tax receipts (68.1% of total revenues).
Yesterday at the oil trading sessions in New York and London, oil prices changed within fairly narrow ranges and by the close had changed differently. Thus, on the International Petroleum Exchange (IPE) in London, quotes for futures on Brent crude oil for the nearest delivery month rose by 11 cents and reached $40.
The team of OJSC "Lutsk Bearing Plant" is increasing exports of bearings to the CIS market. Regular large batches of products have been sent to the flagships of the automotive industry of the CIS countries - GAZ, KamAZ, MAZ, UAZ, UralAZ.
Yesterday at the oil trading sessions in New York and London, oil prices fell sharply. Thus, on the International Petroleum Exchange (IPE) in London, futures quotes for Brent crude oil for the nearest delivery month fell at once by $1.73 and reached $40.64 per barrel.
On December 21, a delegation from the Iranian company "Industrial Export Development Co" (IED) led by Director General for Export Affairs Jafar Molimzadeh visited Lutsk. IED specializes in the manufacture of automobiles, buses, and agricultural machinery.
Back in August, a government resolution appeared that introduced the issuance of so-called packages for infants. Their cost is approximately 100 hryvnias and the assistance was intended for babies born in the period from August 1 to January 1.
Head of the regional council Vasyl Dmytruk, Lutsk city mayor Anton Kryvytskyi, representatives of industrial and banking institutions met with a delegation of entrepreneurs from the city of Ta Chyn (Heilongjiang province) of the People's Republic of China on December 20.
The world leader in the production of tools, equipment and mechanisms for servicing all types of networks – the German concern "Rotenberger" presented its products to Lutsk utility workers.
The Antimonopoly Committee of Ukraine did not find sufficient grounds to recognize monopolism in the mobile communications market on the part of the largest operators UMC and "Kyivstar," which together control more than 95% of the market.