The government of Mykola Azarov is implementing a programme of economic recovery. The priority is to regain confidence of investors and fight with corruption. Irina Akimowa, the Deputy Head of the administration of President of Victor Janukovytsh, announced in Krynica introduction of a simpler system for business registration and tax cuts from 25 to 19 percent.
Akimowa convinced that Ukraine – slowly recovers from the crisis and the process of implementing reforms has been initiated. The opposition has a different view on this matter.- An example can be the new tax code, which allows the state to interfere in business activity and also confiscate private property without a court verdict – pointed out Natalia Korolewska, a Member of Parliament from the Block of Yulia Tymoshenko. She also said that she still didn’t know what was the economic model pursued by the new authorities in Ukraine – liberal or social?
Martin Raiser, a Director of the World Bank for Ukraine, Belarus and Moldova praised the aspirations of the authorities in Kiev to improve the economic situation, but he also stated that Ukraine’s GDP had still remained on the level from the 1990’s, investment in the internal market was a heritage of the USSR, and the situation could not be improved by levying taxes.
[i] Tatiana Serwetnyk[/i]
