Mykola Azarov: People "voted" for the support of Government's policy by their savings: deposits increased twice

People have clearly "voted" by their savings for the national currency, for the national economy: deposits of citizens in banks increased by 205% in 2010-2013 years. This was started by Prime Minister of Ukraine Mykola Azarov during the Government's session on January 9, 2013.

The Prime Minister noted that despite the opposition’s attempts to spatter the economic policy of our Government, facts speak for themselves: deposits of our citizens increased by 205% (more than in two times) or by more UAH 222 billion. Only for the last year, deposits of individuals in national currency rose almost by UAH 70 billion, or by 36%.

“Overall, our citizens are kept with banks UAH 434 billion - more than the annual revenue of the State Budget! What does it mean, if not an absolutely undeniable credibility to the Government's economic policy?” Mykola Azarov said. At the same time he added that such trust the opposition had tried to swing every day: it continuously provokes panic about the stability of the national currency, it has called and calls to withdraw deposits.

“People clearly, so to speak, "voted" by their savings for the national currency, the national economy and they "voted" against the opposition’s calls,” Mykola Azarov stressed.

The Prime Minister also noted that social benefits increased by almost in two times for less than four years. And this is in a state that fully felt the pressure of the global economic crisis and the economic recession in Europe, and trade problems with Russia. At the same time, our country had the burden of Europe's largest gas prices, but it also withstood the price and tariffs for housing and communal services. Inflationary price increases in Ukraine over the past four years was 14 %, approximately 3% per year – is a European rate of inflation, while for two years in 2008-2009 – it was almost 40%.

“Therefore, our Government will continue to pursue a policy of reliance on the domestic market and the intensification of the national economy. And to perform social initiatives of the President of Ukraine, it will gradually increase the purchasing power of our citizens,” Mykola Azarov noted.