![]() Such a cleansing was clearly needed in order to Their seats in August 2019 were newcomers, as were all but two of the ministersĪppointed to the new government. Impressively, 80 percent of the incoming parliamentarians who took Kicked out of power, producing an unprecedented generational shift in Ukrainian WithĬorruption the main concern among voters, the old guard was unceremoniously Is rising too fast, prompting the National Bank to buy more dollars and cut itsįreest and fairest national elections in Ukraine’s independent history. Indeed, the main concern today is that the hryvnia Ukraine’s average monthly dollar wage has risenįrom USD 200 in 2016 to the current level of around USD 450. Hryvnia was the best-performing currency in the world, appreciating 19 percent Has dropped from 80 percent of GDP in 2016 to 52 percent of GDP. Percent of GDP, while inflation has fallen to 5 percent. Under President Poroshenko, the budget deficit has now been reduced to 2 Impressive macroeconomic stabilization following the severe crisis of 2014-15Ĭaused by the outright robbery of the preceding Yanukovych government and the In 2016-19, the Poroshenko administration carried out an Ukraine’s current economic outlook is far better Ukraine’s law enforcement, improvements in state administration, and the opening Key areas to watch will be the cleanup of Nevertheless, the progress made by Ukraine over the past twelve September 2019, US media coverage in particular has been distorted by negative impeachment-related ![]() Ukrainians usually suspect their government of the worst, while theįoreign media rarely reports accurately about Ukrainian reforms. Ukraine’s considerable achievements in 2019Īre poorly understood, both in Ukraine and abroad.
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