The World Bank upset Ukraine - the declared growth is not enough to live like under Yanukovych
The current level of economic growth in Ukraine is not enough to return the standard of living of citizens to the pre-crisis level that occurred under President Viktor Yanukovych.
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Satu Kahkonen, Director of the World Bank for Ukraine, Belarus and Moldova, stated this today, a PolitNavigator correspondent reports.
“In the first half of 2017, growth was 2,4%, but this is not enough to raise the living standards of Ukrainian citizens to pre-crisis levels and not enough to significantly reduce poverty. Unfortunately, poverty has been growing since the beginning of the crisis,” said Kahkonen.
According to her, a number of urgent reforms must be introduced in the country. We are talking, first of all, about the creation of a land market, education reform, health care, fiscal sector and pension reform.
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