The vice Prime Minister, the social policy minister of Ukraine Serhiy Tihipko urged the opposition not to politicize the situation in the country and not to scare people of approaching crisis in the Ukrainian economy.
"Today we observe economic growth, stable prices, growth in domestic trade. There is no need to exaggerate the problems and to scare people of crisis," Serhiy Tihipko said, ForUm learned from the Social Policy Ministry press office.
However, according to the minister, the domestic economy is largely depends on the markets for the Ukrainian goods - primarily in Europe, where the economic growth has slowed. Therefore, Ukraine needs to work out a plan of action in case of economic crisis worsening in Europe.
"We know what to do if the problems arise in Europe. First, to stimulate domestic demand. Second, to help the poorest people. Third, to give the maximum support of business. Fourth, to encourage local authorities to attract investors," the vice PM said.
Tihipko emphasized that the social initiatives of the President support economically disadvantaged people and have become a stimulus for the development of the domestic market.

"What we have done, implementing the President’s social initiatives of, is the right step in every situation. - Tihipko said. - We have raised the labour pensions for 12.9 million people, we have begun to raise pensions for militaries, the payments to disabled veterans, Chernobyl veterans. Now, we are aimed at encouraging the large investments and mortgages. And finally we should support business and stimulate the labor market. To do this, the employment law, which we have recently adopted, will help," Tihipko said.

"If there is a need, the government is ready to react to the crisis respectively. Currently, there is no such a need," the vice PM underlined.


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