EBRD President: It's time for Ukraine to stop years-long practice of half reforms

EBRD President: It's time for Ukraine to stop years-long practice of half reforms

Ukraine should intensify the implementation of reforms, which remains rather slow.

President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti said this at the 14th Annual Meeting of the Yalta European Strategy (YES) in Kyiv on Friday, an Ukrinform correspondent reports.

"It's time for Ukraine to stop the years-long practice of half reforms. Reforms cannot be an end in themselves. They should contribute to the sustainable development of Ukraine. However, this requires dismantling the last obstacles to investment in the country. We have facilitated these reforms in recent years, though feeling constant resistance," Chakrabarti stressed.

The EBRD President noted that Ukraine should do more to protect proprietary rights and intensify the fight against corruption.

Chakrabarti called the recovery of financial sector, NJSC Naftogaz of Ukraine and land reform among the key reforms to be implemented in Ukraine.


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