The Minister of Finance of Ukraine, Viktor Pynzenyk, announced this yesterday on the air of one of the Ukrainian TV channels. Pynzenyk emphasized that it is inadvisable to cover permanent budget expenditures with one-time revenues. Salaries and pensions, however, must be ensured by tax revenues, the finance minister noted.
Funds received from the sale of 'Kryvorizhstal' cannot be used to raise salaries and pensions - Pynzenyk
Economy · 10:08 26.10.2005
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