You're reading: Yanukovych: We should invest in economy segments that quickly bring results

Only an effective economy can improve Ukrainians' well being, Ukrainian President Viktor Yanukovych has said. 

“People will enjoy well being only when the economy works effectively,” he said while opening a meeting of the Economic Reforms Committee in Kyiv on Thursday.

The president said that the issue of the real development of the economy would be tackled soon.

Yanukovych said that under the conditions of a world financial crisis, which is unavoidable for Ukraine, the government should pay special attention to the prevention of economic collapses, the stabilization of the financial system, as well as fulfillment of various international obligations.

“Having limited assets, we should invest them only in the segments of the economy that bring quick results. We should not squander our assets,” the president said.

At the same time, Yanukovych said that despite the difficult situation of the world economy, wages and pensions should be increased in Ukraine.