KYIV. May 25 (Interfax-Ukraine) – The main obstacle on the way of reforms in Ukraine is the lack of mutual trust in the power-business-society triangle, coordinator of the Ukrainian Business Initiative Andriy Nikolayenko said on ICTV television when discussing the draft plan of top priority steps of Ukraine’s Cabinet of Ministers.
He said that Ukrainian Business Initiative submitted proposals of Ukrainian business to add them in the government’s action plan and some of them have been included, but many provisions of the government’s plan require specification.
“This is the program to create new jobs. It should be more clearly pegged to current and promising drivers of the Ukrainian economy, opportunities and needs of the Ukrainian business and achieving the target growth rate,” he said.
Nikolayenko said that annual economic growth in Ukraine in next 10 years should be no lower than 7% to end the crisis. Business is ready for active communications with executive power to implement these tasks, he said. Business society understands that the Cabinet would not be able to implement its top priorities without tight cooperation with the National Bank of Ukraine (NBU).
“The NBU is to switch from the function of the regulator of several dozens of banks to the function of providing for economic growth. The key criterion for efficiency of the NBU’s work is to be the increase in the number of jobs, as it was done in the U.S. Federal Reserve System. The NBU is to help the government to conduct reforms. Now these relations are far from partner relations,” he said.
