21. This year's zero-deficit budget sets revenues and spending at 41.97 billion hryvna ( dlrs 7.63 billion ). 22. It was the second deficit budget in a row for Singapore, which fell into recession last year. 23. However, whether it ( a deficit budget ) might violate the spirit of the article is questionable. 24. Deficit budget forecast by Chung, HONGKONG STANDARD25. "At this moment in this country, I would very much fear the deficit budget , " he said. 26. Group urges deficit budget , HONGKONG STANDARD 27. The first signs of growth and the first zero-deficit budget were achieved in 2000 by a reformist government. 28. But Mr Chung did not comment on whether the government should plan a deficit budget for fiscal 1999-2000. 29. Ukraine suffered severe economic decline since the Soviet collapse in 1991 and passed its first zero-deficit budget in 2000. 30. A deficit budget will encourage speculative attacks on the Hong Kong dollar and have a chain effect on the economy.