OREANDA-NEWS. November 12, 2012. In order to improve the economic situation in Ukraine Prime Minister Mykola Azarov has proposed a number of mechanisms, including: active financing of major infrastructure projects including import substitution programs, improvement of financial performance of National Joint-Stock Company Naftogaz of Ukraine, balanced budget policy, reasonable monetary policy.

This was discussed during Prime Minister's consultations with leading scientists and economists concerning development of the national economy in the short term outlook.

With their proposals concerning economic development of the economy the discussion was attended by First Deputy Director of the National Institute for Strategic Studies Jaroslav Zhalilo, Professor of International Economics, Doctor of Economics of Kyiv National University named after Taras Shevchenko Oleksandr Sharov, Director of the Bleyzer Foundation in Ukraine Oleg Ustenko, the Director of the Institute of Economics and Forecasting of NAS of Ukraine Valeriy Geets.

During the dialogue Mykola Azarov said that the Government within 10 months of this year against the backdrop of global recession can maintain to stable economic situation.

However, according to him, at present, given the continuing adverse conditions in the market of steel products, which resulted in October recorded price declines by 15%, and as a result - reduce the flow of currency in Ukraine requires an effective program of economic development as a long-term, and in the short term.

According to him, the Government and the National Bank is studying the possibility of lending projects aimed at developing the domestic market with the ability to minimize the outflow of currency.