Not to widen its economic gap after the crisis, Ukraine needs to take measures to stimulate private investments, World Bank’s Vice President for Europe and Central Asia Philippe Le Houerou said in an interview with the Dzerkalo Tyzhnia (Mirror Weekly) newspaper.
He stressed that Ukraine needs to reach political consensus in the
state so that they could take all the necessary measures to make fiscal
policies more rigid, deregulate and improve the conditions of business
activities, as well as to provide for the reform of energy sector,
education and healthcare system, pension system in order to make them
more fair, efficient and raise the quality of public services.
“The progress in these sectors will help attract additional
international aid. But which is more important is to unlock private
investments so that Ukraine should neither roll back nor increase its
lag during the period following the crisis,” he said.
