KyivPost

Yanukovych: Most Ukrainians have not yet felt improvement in their lives

Print version
Aug. 23, 2012, 4:28 p.m. | Ukraine — by Interfax-Ukraine

A rise in wages and pensions should be based on the real growth of the economy, Ukrainian President Viktor Yanukovych has said.
© www.president.gov.ua

KHARKIV – A rise in wages and pensions should be based on the real growth of the economy, Ukrainian President Viktor Yanukovych has said.

"This year we saw an increase of over 15% in the average wage in Ukraine with virtually zero inflation. So we saw real growth in the income of people and on this basis, of course, improvement in their lives. But most citizens have not yet felt it. Why? Because a significant period of time has not yet passed... People have not yet felt [improvement in their lives]. This suggests that we need to continue our policy. Our policy should not be short-term," he said at a meeting with activists of Kharkiv region on Wednesday.

He also noted that an increase in wages and pensions should be based on economic growth.

"Social initiatives that laid the foundation for the growth of pensions and wages should in the short term be included in state social policy, but it can only be based on real economic growth," Yanukovych said.

The Kyiv Post is hosting comments to foster lively debate. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. If you think that a posted comment violates these standards, please flag it and alert us. We will take steps to block violators.
Harry Yellando Aug. 23, 2012, 5:12 p.m.    

I sit in the UK and see what Ukraine is going through....I think this guy is totally mental....."Ukrainians have not felt improvement yet " the understatment of the year.......so be it....but they will vote for him again !!!!!

{# <-- parent id goes here
carl Aug. 23, 2012, 7:45 p.m.    

Harry the Prsident is sane. Everything points to real improvement in lives begining in 2nd half of 2013.

{# <-- parent id goes here

KyivPost

© 1995–2014 Public Media

Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the www.kyivpost.com material and a maximum 500-character extract of the story. Otherwise, all materials contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at news@kyivpost.com
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.