“Our political elite, which deals with public finances, has come up with a simple formula – we do not need to change anything in the system of interaction of public finances with the real sector of the economy, we do not need to implement reforms. We just have to take loans on different terms, which then contradict the government’s program and so on. This is an easy way – to take loans, to place government bonds,” – said Mykola Katerynchuk.
“In my opinion, there are internal reserves in Ukraine. But this is not about privatization, which looks speculative and is unlikely to fill the budget as the government expects. First, it is necessary, no matter how banal it may sound, to fight corruption. In eight months, about 2 billion euros were stolen from the state budget. Public finances were completely in corrupt hands, that implemented corrupt schemes. Secondly, it is worth to attract a domestic investor, Ukrainians. And to create such conditions for them to believe in officials, in monetary and fiscal policy, to simplify the tax system as much as possible, to support them with loans at 0%. This will be the answer to the question “where to get money?”.
Press service
of the European Party of Ukraine