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Ukraine’s government must carry out urgent reforms

February 12, 2014, 14:17 UTC+3 KIEV
Among priorities Arbuzov also mentioned adoption of local budgets that had been approved in 70% of Ukraine’s regions
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© ITAR-TASS/Zurab Dzhvakhadze

KIEV, February 12. /ITAR-TASS/. Ukraine’s government must carry out urgent reforms and lift a political factor in the country’s economy, Acting Prime Minister Sergei Arbuzov told a cabinet meeting on Wednesday.

“The main task the Ukrainian government is facing is to carry out reforms. This process should be speeded up to persuade investors of the country’s stable situation. A political factor in the economy should be lifted,” he said, expressing the hope that this week “law and order will be ensured on streets.”

Among priorities Arbuzov also mentioned adoption of local budgets that had been approved in 70% of Ukraine’s regions.

Speaking of the situation on Ukraine’s currency market, he said it remained under control. “The National Bank of Ukraine has made important decisions, its measures are timely and effective,” Arbuzov said. “The bank strengthened monitoring over the currency market dynamics, what produced an effect as participants of the market saw themselves.”

The acting prime minister said Russia’s financial assistance “helps Ukraine to look into the future more optimistically."

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