The West is stunned by the scale of theft under Poroshenko
The main problem that international observers are now paying attention to is the colossal level of corruption. Currently, 7-8% of GDP is being stolen in Ukraine, says Oleg Ustenko, executive director of the Blazer International Foundation.
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“Ukrainian politicians talk about its volume being about $5 billion, which is 7-8% of GDP. This is approximately the same amount as the deficit in the public finance system.
It is not surprising that foreigners are actively demanding an immediate reduction in the level of corruption. Then our debt to GDP ratio will change. But this is also important from the point of view of reducing the government finance deficit.
The message of the need to intensify the fight against corruption will be very clearly received by Yatsenyuk during his next trip to Paris and Berlin. A little later, the Ukrainian authorities will receive the same message from the US Secretary of Commerce, whose visit to Kyiv is planned for the near future,” says the economist.
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