KYIV, Feb 19 – Ukraine needs to ensure growth by an average of 6% per year over the course of 20 years to achieve Poland's current level, while partial reforms and an average growth rate of 4% will only solve this problem by half, IMF Resident Representative in Ukraine Goesta Ljungman said.
He said at a macroeconomic discussion at the American Chamber of Commerce in Kyiv this was a long-term project, as it is impossible to complete the reforms in several years. Ukraine must support these reforms for all 20 years, it takes patience to at least catch up with its neighbors, he added.
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