Volodymyr Groysman presents a plan of Government's priority steps for 2016

posted 19 May 2016 17:02

Prime Minister of Ukraine Volodymyr Groysman has presented a plan of key steps of the Government in 2016 at an extraordinary session of the Government on Thursday, 19 May.

According to him, the main priorities of the Government for 2016 is macroeconomic stabilization, improving the quality of the state administration and public services, the establishment of the rule of law and combating corruption, restoration of public safety and creating conditions favorable to business development.

"The top priority that we set ourselves - we must ensure a high standard of living, but this can be done, no matter who says what, through absolutely stable economic stabilization and long-term economic growth. We can build a high-quality, successful country only if we have a stable, developed and open economy," said Volodymyr Groysman.

One of the main priorities of the Government is to achieve macroeconomic stability. The Head of the Government has noted that over 25 years of Ukrainian independence no structural reforms have been conducted. This led to the shadow economy, corruption, a decline in living standards and competitiveness of the state.

"It is impossible to develop the country when we have the unstable banking system, when we have the incomprehensible inflation, when we have the weak, regulated, closed economy, poor management of state-owned enterprises, the high level of corruption and low credibility and effectiveness of the judicial system. Our key task is to ensure macroeconomic stabilization, which shows its capabilities today, and to ensure macroeconomic growth in the medium term," said the Prime Minister. According to him, "having a huge potential, natural resources, properly managed, "Ukraine is able to reach European standards of living and economic growth.

The Government also will undertake measures to change the quality of governance so that the authorities could adequately address the challenges and make professional decisions, noted Volodymyr Groysman. "Ukraine needs a responsible, public, transparent and professional power," he stressed.