You're reading: Azarov: Cabinet completely controls socio-economic situation in Ukraine

The government of Ukraine confidently and completely controls the socio-economic situation in the country, Ukrainian Prime Minister Mykola Azarov has said.

“Ukraine is having moderate economic growth. The government is
implementing balanced and predictable economic and business policy. We
have cut significantly the purchase of expensive gas that requires
foreign currency. We are implementing policy aimed at development of the
domestic market. All this positively influences the balance of payment,
the country is receiving more currency than it spends on imports of
goods, and the country’s currency reserves, which are at the pre-crisis
level now, don’t require foreign assistance,” he said while opening a
meeting of the government on Wednesday.

“In a word, our government is demonstrating completely confident control over the situation,” he said.

According to the premier, irresponsible politicians’ talks about
worsening of the economic situation after the parliamentary elections
are a part of their pre-election campaigns.

Azarov added that the socio-economic situation in Ukraine will not
worsen after the elections – food prices will remain the same, housing
and utility tariffs will not rise, and the hryvnia will remain stable.