Zelensky: Industrial decline by 5% observed in Ukraine

Source : 112 Ukraine

President believes that Ukraine risks turning its industrial potential into ‘past untruth’
19:00, 4 March 2020

Open source

President of Ukraine Volodymyr Zelensky said that the decline in many sectors of Ukraine's industry is being observed at a 5% level. This figue is witnessed over the past four months. The Ukrainian leader stated this during his speech at an extraordinary meeting of the Verkhovna Rada, which was broadcasted by 112 Ukraine.

Related: Many Ukrainians not ready for second phase of medical reform, - Zelensky

“Another trouble is the fall of industry by 5%, and it continues for the fourth consecutive month in many sectors. Unfortunately, the government has not provided any tools that stimulate domestic production and new production capacities. The industrial glory of Ukraine is gradually becoming memories. We risk that they will soon talk about our industrial potential like this: "It was a long time ago and not true," the President said.

As we reported before, the Antimonopoly Committee of Ukraine (AMCU) has started considering the case against Naftogaz-Ukraine on the violation of the Law on Protection of Economic Competition in the form of abuse of monopoly position in natural gas markets.

It was stated that since November 1, 2018, Naftogaz had set natural gas prices at a certain level that would not be possible in the conditions of considerable competition.

Related: Zelensky: First briefing of new healthcare minister to be dedicated to Covid-19

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