Reform Has Yet to Start in Ukraine

Mr. Jedrzejczak criticized the unjustifiably rigid, "police" powers vested in the tax and other oversight authorities causing private business to fold up in Ukraine, as well as the absence of prerequisites for free competition, reports Interfax Ukraine.

"Considering the existing costs, the per capita gross domestic product amounts to $2,000. I am not saying that you are down to the level of African countries, but where will your state get the money for a large-scale social support? By increasing taxes, aggravating inflation, and fresh borrowings? All these methods are bad. The only way out is to increase production," Mr. Jedrzejczak believes.

He also thinks that Ukraine must put up for sale more attractive enterprises for privatization and enhance the transparency of privatization procedures: "Ukraine says it needs money as privatization proceeds, then it must offer good property and sell it in the open."