President Viktor Yanukovych has ordered the Committee for Economic Reforms to draft a program on economic reforms in 60 days at the latest, i.e., by May 22, he said at the Committee's first meeting Monday, UKRINFORM reported.

The Committee set up 7 working groups on priority areas outlined by the head of state. The matter concerns ensuring sustainable development, forming favorable business environment, attracting investments, upgrading economic technologically, developing infrastructure, including transportation ahead of UEFA EURO 2012, regional economic development, as well as international integration and economic cooperation.

The groups are led by responsible deputy premiers and ministers of Mykola Azarov's Cabinet.

A group on humanitarian reform was also established at the initiative of Deputy Head of the Presidential Administration Hanna Herman.

President Yanukovych emphasized that unpopular measures to be taken to overcome the financial and economic downturn will be temporary.

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