In 2005, the State Committee for Material Reserve plans to carry out purchases of goods for the state reserve worth 1.5 billion hryvnias. This was stated to journalists by the head of the State Reserve, Mykola Pesotskyi, reports "Ukrainian News". \n \n"This year, purchases will be made worth 1.5 billion hryvnias," he said. \n \n60-70% of the funds will be directed toward forming reserves of light petroleum products. "In principle, we are placing emphasis on creating large reserves of light petroleum products," he said. It is planned that light petroleum products will be sold primarily to agricultural enterprises. \n \n"Today we are beginning to address the problems of accumulating light petroleum products. This will primarily mean that there will be no sharp price fluctuations during spring field work and autumn field work," Pesotskyi commented. \n \nThe head of the State Reserve noted that this year budget allocations to the State Reserve were reduced to 100 million hryvnias (in 2004 - 200 million hryvnias, in 2003 - 400 million hryvnias). "The thing is that financially the State Reserve has strengthened... and the funds we earn... are sufficient for us to replenish our reserves...," Pesotskyi reported. \n \nPurchase programs and financial plans will still be adjusted and coordinated with the new government. \n \nRecall that in 2004 the State Reserve purchased products worth 1.2 billion hryvnias.