EXCLUSIVE
Anders Aslund: 10 reasons why I’m optimistic about Ukraine’s economy in 2016
A woman sells Christmas decorations on St. Sophia Square in Kyiv on Dec. 30.
The outlook for the Ukrainian economy in 2016 is positive. Many important reforms were carried out in 2015. The necessary exchange rate adjustment has occurred and most required bank closures have taken place. The parliament has adopted tax changes and a decent budget for 2016. The debt restructuring deal has postponed foreign debt service. The current account is in approximate balance. Now is the time to move forward with more structural reforms.
