Jaresko: 5 major tasks for Groysman’s Cabinet
11:47, 15 April 2016

Jaresko: 5 major tasks for Groysman’s Cabinet

Ex-Minister of Finance encourage pursuing fiscal limitations, reduction of budget deficit and living within means

11:47, 15 April 2016

Press Service of the President of Ukraine

Ex-Minister of Finance of Ukraine Natalie Jaresko gave advice to the newly appointed Prime Minister Volodymyr Groysman, reports “Holos Ameryky”.

She noted, that although Ukrainian economy is already reviving, the starting point is very low and much time can pass till Ukrainian people start to feel the difference.

Jaresko emphasized, that economic welfare is affected by security situation in Donbas. Ukraine is devoted to the idea of peace, but this requires complete implementation of Minsk agreements, first of all on part of the aggressor.

According to Jaresko, global economic environment is currently not in best condition, which is obvious in the report of the International Monetary Fund, showing low growth rates for developing economies.

Ex-Minister of Finance encouraged pursuing fiscal limitations, reduction of budget deficit and living within means.

“The newly appointed Ukrainian government must continue implementation of IMF’s program, in particular draw gas prices up to market rates. This here is critical. The risk of populism is very high. Only by fully implementing IMF’s program, we can regain trust of international partners and business community”, - Jaresko stated.

Earlier, Ukrainian parliament voted for resignation of Yatsenyuk from position of PM and approved new government chaired by Volodymyr Groysman.

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