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Ukraine should focus on stimulating certain economic activities to overcome stagnation, while efficient use of public investment funds may create such incentives, Verkhovna Rada Chairman Volodymyr Groysman writes in his article for Ukraine's weekly newspaper Zerkalo Nedeli.
"Preliminary budget analysis shows that the government invests in projects developed by 5%-7%, to bring them to a 10% completeness in the course of a year. To put simply, money is invested in pits. If these funds are focused on infrastructure projects, such as repairing and construction of roads, we will get certain results. We will do a really useful thing for the country, demonstrating notable achievements, and we will also provide people with real jobs and sources of income," the article reads.
Read alsoMP from Poroshenko Bloc faction says Groysman to become new prime minister "There are other infrastructure projects that can be launched related to energy efficiency, local infrastructure, etc. It means, in fact, overhauling the country. Additionally, we have resources that have already been provided by international financial institutions but used inefficiently, as well as considerable funds in local budgets as a result of an ongoing financial decentralization," Groysman writes in his article.
At this, the parliament chairman points to several important aspects.
Read alsoGroysman says Dutch referendum "very disturbing" signal to Ukraine"The first one is a strict control to prevent embezzlement [of funds]. It is possible provided there is a goal and a political will. The second one is quality control. Our international partners and civil society can help us with this. The third one is a strategic vision regarding what we do and why, what transport corridors we build… so that not to build roads to nowhere," Groysman notes.