14 Apr 2010 17:46

Ukrainian govt confirms draft economic development program for 2010

KYIV. April 14 (Interfax) - The government of Ukraine confirmed on Wednesday a draft governmental program for the country's socioeconomic development in 2010 that projects 3.7% GDP growth, 5.3% growth in industry, and 2.4% growth in agriculture, First Deputy Prime Minister Andrei Klyuev said at a press conference following the government's meeting.

The document consists of three parts. The first contains analyses of the state of the real sector of the economy, finances, social sphere, wage arrears, the state of the banking sector and other areas. The second includes first steps to stabilize the socioeconomic situation, and the third reforms proposed for implementation.

Among the necessary reforms are cutting taxes on profits, added value, and cutting the tax burden on small and medium-sized business, Klyuev said.

Implementing these intentions requires passage by the Verkhovnaya Rada of the necessary law bills, Klyuev said. "I will present it [the program] tomorrow at the Verkhovnaya Rada," he said, expressing confidence that the parliament will pass the bills required for the program within a few months.

According to the press service to the cabinet of ministers, during discussion of the draft document Prime Minister Mykola Azarov said that the state program for 2010 is an anti-crisis program. Its priorities are drawn on the current economic situation and the government's financial abilities. "It meets the concept of reform, includes an appraisal of economic development trends in 2009, the cabinet of ministers' pressing anti-crisis measures, and priorities for socioeconomic policy in 2010," Azarov said.

Every member of the government will be personally responsible for the program's implementation, he said.