Ukraine will return to pre-Maidan indicators in 2024, at best.
Citizens should not believe the authorities’ statements that Ukraine’s state budget for 2018 will be a “social and growth budget.”
Gennady Ryabtsev, a member of the Economic Discussion Club, announced this at a press conference in Kiev, reports a PolitNavigator correspondent.
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“We see a fairly large nominal increase in those items of reforms that have been proclaimed in the country. On formal grounds we can say that this is a social development budget, but only on formal grounds.
This budget is not a development budget because three years ago we saw a 17% decline in GDP. If we take 3% GDP growth for 2018-2019, and then 5% growth, then we will reach the 2013 GDP only in 2023-2024.
This means that this budget, unfortunately, is not a development budget, because the source of development of the Ukrainian economy has not been formed. The main growth points have not been formed.
They say that this budget is social. But if we look at the cost of living of 1700 UAH, which is included in this budget, we will see that this figure does not correspond to any obligations of the state of Ukraine, which is defined in the Constitution as a social state,” the expert said.
Ukraine will return to pre-Maidan levels in 2024 at best.