OFFICIAL SAYS UKRAINE FACES 'BUDGET CATASTROPHE.' Reporting to the parliament on budget expenditures and revenues, Accounts Chamber Chairman Valentyn Symonenko said "Ukraine is nearing a budget catastrophe," ITAR-TASS reported on 2 June. "The country has no money whatsoever," he said, noting that budget revenues in the first four months of this year totaled 4.1 billion hryvni (just over $2 billion) while the domestic and foreign debts amounted to 4.7 billion hryvni. The cost of servicing and repaying the state debt is now equal to total budget revenues, according to Symonenko. JM