Tymoshenko government has passed 100-day watershed, but there are threats ahead, analyst A. Yermolayev warns
March27200812:48
The Tymoshenko cabinet’s policies were not systemic and centered around separate campaigns. The government has passed a 100-day watershed but there are threats ahead, analyst A. Yermolayev told ZIK Mar 27.It is too early, the analyst said, to speak about any concrete achievements as 100 days is too short a term for this and can give only a sketchy idea about the government policies.
The first 100 days saw several potent media PR campaigns by the government: “First, there was the repayment of compensations to Oshchadbank clients lost in the break-up of the USSR, then there was the gas saga, and now the campaign to retrieve the state property sold cheap to tycoons with ties to the government of Yanukovych. As a result, Ukrainians are disoriented and lose awareness of the top priorities for the country.”
In the analyst’s opinion, the payments of compensations were not economically balanced, and the big issue remains – where to take the money needed for future compensations. If the government acts on its pledge and pays out $25 billion in compensations in the coming 2-3 years, it will play havoc with the economy. It is the compensations that caused the current high inflation rate, not the policy of the predecessor government of Viktor Yanukovych, Yermolayev claims.
The positive of the new Tymoshenko government is that is it more business-oriented than the first Tymoshenko government in 2005. Now Tymoshenko is engaged in talks with business and does not use head-on administrative regulation as before.
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