Ukraine will delay this year’s budget, needed to unblock an International Monetary Fund loan, as the government tries to negotiate a lower price for Russian gas imports, Prime Minister Mykola Azarov said. “The budget is being put together under extreme conditions,” Azarov said at a Cabinet meeting in Kiev today.
“The previous government left Ukraine on its knees.” The 2010 budget has been delayed since October after lawmakers under the administration of ousted Prime Minister Yulia Tymoshenko were unable to commit to IMF-required cuts.
