Categories: policy

Ukraine will not swerve from the path of reforms – Poroshenko

The President is confident of the irreversibility of reforms in Ukraine.

President Petro Poroshenko is convinced of the irreversibility of reforms in Ukraine.

About this he wrote on his Facebook page.

“Ukraine has become the way of radical changes, and since it will not roll!”, – said Poroshenko.He also noted that over the past two and a half years, Moody’s Investors Service has upgraded the credit rating of Ukraine at Caa3 (negative in March 2015) to Caa2 (“positive” – in August of 2017).

“The main factors identified in the report are the implementation of structural reforms, in particular in the gas sector, reform of public procurement, changes in taxation and management of VAT and the transformation of the banking sector”, – said the President.

He also added that the rating Agency noted the achievements of the national Bank of Ukraine in the growth of reserves is more than three times over the past three years, as well as the stabilization of the rate.

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