Open source
To improve the state of the balance of payments of Ukraine in the medium term, a real increase in domestic production and exports is required, – the Head of the National Bank of Ukraine Yakov Smoliy said.
In addition, structural reforms are important for economic transformations for attracting long-term capital to Ukraine. One of the key reform in this direction is judicial reform.
Smoliy said that only structural reforms will really improve the quality of life of Ukrainians, – reported by UNIAN.
«Increasing social standards is, of course, good, but it is actually possible to live successfully and safely only at the expense of real incomes created by the economy», – Yakov Smoliy explained.
«If we want someone to buy equipment, create production, implement an infrastructure project, then we must take inflation under control, otherwise no long-term strategic investors will come here», – stressed Smoliy.
As «The Journalist» reported, Council of EU approves 1 billion Euros of financial assistance for Ukraine.
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