Ukrainian government carefully monitors economic situation in the world in order to minimize the impact of possible negative economic trends on the national economy, President Viktor Yanukovych said at today’s enlarged meeting of the Cabinet of Ministers with the participation of the Committee on Economic Reforms.

"We have agreed to create a workgroup of high-level specialists and experts, who will monitor the situation on world financial markets. That is crucial to ensure that we are able to respond to this influence," he said. "We do not create any panic, and do not want to create any... We understand that the world is in a tense state," Viktor Yanukovych said. He recalled that global financial markets remain unstable and many experts speak of the likelihood of second crisis wave.

Preventing the new wave of crisis in Ukraine is one of the important components of the package of reforms being implemented in our country, he said.

The President emphasized that the government is implementing the modernization program providing for the protection of Ukrainian economy from the global financial crisis and the formation of the path of sustainable economic development.

"We cannot turn a blind eye to the fact that there is still lot of risks to financial stability of the national economy. I hope to hear from the Government a list of specific measures to prevent crisis tendencies," he said.


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