The Mykola Azarov government should actively explain to the population the need for holding economic and social reforms, Oleh Ustenko, executive director of the Bleyzer Foundation, told UKRINFORM commenting on the results of two years of the Cabinet's work.
"There is a lack of articulation of economic policy. Some reforms that have been adopted seem to be correct, but at the same time, there is no massive attack with explanations why this is being done. For example, this applies to pension reform," the expert said.
According to Ustenko, the population of Ukraine still does not completely understand the need for this reform. "No one says that the pension system consumes 18% of our GDP or explains possible benefits of the future pension system. Everything was reduced to only raising the retirement age. Yet, in reality, pension reform is not only raising the retirement age but also transition to the next level of pension system," he added.
The expert also noted the lack of speed of economic reforms. In addition, according to the executive director of the Bleyzer Foundation, non-resumed cooperation with the IMF is one of the Azarov government's failures.
"There is a lack of articulation of economic policy. Some reforms that have been adopted seem to be correct, but at the same time, there is no massive attack with explanations why this is being done. For example, this applies to pension reform," the expert said.
According to Ustenko, the population of Ukraine still does not completely understand the need for this reform. "No one says that the pension system consumes 18% of our GDP or explains possible benefits of the future pension system. Everything was reduced to only raising the retirement age. Yet, in reality, pension reform is not only raising the retirement age but also transition to the next level of pension system," he added.
The expert also noted the lack of speed of economic reforms. In addition, according to the executive director of the Bleyzer Foundation, non-resumed cooperation with the IMF is one of the Azarov government's failures.
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