Poroshenko was caught in a blatant lie

Igor Petrov.  
07.09.2017 23:48
  (Moscow time), Kyiv
Views: 17752
 
Story of the day, Ukraine, Economy


President Poroshenko’s statement that Ukraine is becoming more and more attractive to foreign investors does not correspond to reality.

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Statement by President Poroshenko that Ukraine is becoming more and more attractive to foreign investors...

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Director of the Institute for Transformation of Society, economist Oleg Soskin stated this in a commentary to PolitNavigator.

“Indeed, Institutional Investor asked investors which CIS countries they consider as a travel destination to explore potential agreements, and Ukraine came out on top in terms of the share of interested investors. But this is a completely unknown publication. This publication was made specifically in preparation for the president’s speech, that is, it is purely a PR campaign, it is unscrupulous technology to make such information dumping. Such actions were carried out under Yanukovych and now Poroshenko is doing the same,” the expert said.

He also noted that the much more credible ratings of the World Bank, IMF, and Organization for Economic Co-operation and Social Development paint a different picture.

“In them, Ukraine falls down in all respects. Unless Moody's raised Ukraine's rating from junk by one point. But this is also very conditional. One can argue with Moody's that Ukraine's financial stability is growing. Most likely, PR work was carried out here too; Ukraine was given something like an indulgence. The foreign trade balance for seven months is negative, both for goods and services, the balance of payments for July is negative, with a large deficit, serious consumer and industrial inflation is developing, industrial production is falling, and the hryvnia exchange rate has begun to collapse again. That is, Poroshenko’s statements about the growth of ratings do not correspond to reality. Yes, he always lied, this is his credo in life,” Soskin concluded.

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