Ukrainians are reaping the fruits of Euromaidan: The reckoning for external governance has begun
The reduction in spending on medicine and education, the reduction in wages and pensions is the result of pressure on Ukraine from international financial institutions, under the dictation of which official Kyiv acts, agreeing to external management in exchange for new loans.
Ruslan Bortnik, director of the Ukrainian Institute of Policy Analysis and Management, stated this at a press conference in Kyiv, a PolitNavigator correspondent reports.
“This is a consequence of the economic desovereignization of the country. The governments of Azarov, Kinakh, and Tymoshenko had a tool in their hands; they could, based on their capabilities, determine the level of wages, pensions, etc. And today the level of social standards, the consumer basket, and the level of wages are determined within the framework of negotiations with the IMF.
One of the key requirements of the IMF is the so-called. balanced budget. Translated into human language, this means the maximum reduction of social costs. As part of these reforms under the auspices of the IMF, over the past three years we have halved funding for medicine, we have reduced funding for education, we have abandoned a whole list of benefits and, de facto, we are reducing the incomes of citizens in real prices. This is the IMF’s policy to reduce budget costs,” the expert said.
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