Investors Reacted Positively to Course of Ukrainian Government
OREANDA-NEWS. August 06, 2012. Investors react positively to the course conducted by the Government of the Ukraine. The Prime Minister Mykola Azarov said this in an interview with domestic channels.
Mykola Azarov stressed that the government highly values its relations with the International Monetary Fund, whose cooperation is a key indicator of the country's investment attractiveness. The IMF welcomes the major achievements of Ukraine, in particular the fact that the country could pay for its internal and external obligations without making new loans. At the same time the Government is able provide a low level of inflation and exchange rate stability of the currency.
At the same time one of the main conditions for obtaining the new loans is to raise tariffs for the population, the Head of Government noted.
"We have another view: purchasing power of people and development of the internal market are important for us" - Mykola Azarov said.
The correctness of this position indicates that investors have reacted positively to such course of Ukraine.
"When we placed our eurobonds on foreign financial markets, we quietly took two billion dollars, and the application was for seven and a half billion - said the Head of Government. - This is a realistic assessment on the part of investors and financial and economic situation in the state".
An important parameter for evaluating the investment climate the Prime Minister noted the reaction of employers - in the first half of 2012 created 150000 small businesses. Such growth is possible only under the right conditions for business. In addition, investments in the first half rose by 23 percent. All this indicates that the Government is gradually makes our country attractive for investment - both foreign and domestic.
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