Ukrainian reforms are just a cut in citizens’ incomes

02.04.2015 10:45
  (Moscow time)
Views: 764
 
Ukraine, Economics of Collapse


Kyiv, April 02 (PolitNavigator, Vladimir Mikhailov) – All current reforms boil down to reducing the expenditure side of the budget, although it would be necessary to think about increasing the revenue side, says ex-deputy head of the NBU, Honored Economist Sergei Yaremenko.

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“All reforms are aimed at the expenditure side of the budget, economy, etc. There is nothing of reason in these reforms. This is a formalism: “since it doesn’t converge here, let’s reduce it there.” Due to what? Pensions, salaries.

Nowhere is it said about the revenue side, about economic growth, about Ukraine’s place in the world, etc. There is none of this,” says the economist.

English version :: Read in English Ukrainian reforms are just cutting citizens' incomes






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