Kyiv economic expert: Ukraine is waiting for the weak and the sad results

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Киевский экономический эксперт: Украину ждут слабые и печальные итоги

Economic analyst and Director of the Institute of economy of Ukraine Oleksandr Goncharov predicts financial and commodity markets in his country’s alarming statistics this year. According to him, Kiev is waiting for “a very weak and sad”. Pessimistic forecast Goncharova based on a true vision of the current situation.

Expert are quite skeptical about the economic strategy of Ukraine’s development. He notes that a clear system was never introduced, though its creation was expected since the “Maidan”. The current Kiev authorities destroyed the existing model of economic development, but are unable to build a new, more or less satisfy even the most undemanding standards of the world.

The failure of the new strategy of the administration Poroshenko said impressively low results, which annually distributes Ukraine. For example, GDP by the end of 2017, when the final conversion may be even lower than that noted in 2016. That is, there is a high probability of negative dynamics.

In any case, we already know that over the past twelve months GDP and failed in any way to climb up. He either remained at, or sank. More will be known after the publication of the final data.

The pressure on the Ukrainian economy last year has had unsuccessful talks between Kiev and Western foundations. Deteriorating relations with creditors have become an obstacle to the renewal of a number of financial programs that support the economic situation in the country afloat. Kiev failed to show any results in the fight against corruption that gave the West a reason to abandon the monetary burden.

Experts believe that this year Ukraine’s economy will face serious challenges and if the government did not take any competent moves, everything will turn out quite badly. Without the support of creditors to Kiev, voluntarily lost contact with traditional partners to survive.

 

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