Lovochkin: Deteriorating Market Conditions and Lack of Export Promotion Threaten with Hryvnia Devaluation

Ukraine’s National Bank (NBU) forecasts that unfavorable trends on global oil and gas markets will cause the country’s negative foreign trade balance quadruple, which in turn threatens with devaluation of the national currency. According to OPPOSITION PLATFORM – FOR LIFE MP Serhiy Lovochkin, this scenario can be avoided if quick and large-scale export promotion measures are taken.

Lovochkin: Cheap Loans Failed to Maintain Economy Lending Level in 2020

The lending program designed to revive Ukraine’s economy remains largely declarative. According to MP Serhiy Lovochkin, the government must develop mechanisms to stimulate the banking sector, which mechanisms should be aimed at increasing the loan portfolio of investments in domestic business.

MP Lovochkin: Government Withdrew from Solving Nation’s Problems in 2020

2020 turned out to be a lost year for our country not only due to the epidemic and its consequences, but also because the government had postponed solving of nation’s key problems for an indefinite period. This was stated by OPPOSITION PLATFORM – FOR LIFE MP Serhiy Lovochkin summing up the year 2020.

MP Lovochkin: Government Must Fund Chornobyl Veterans’ Social Welfare Completely and Timely

OPPOSITION PLATFORM – FOR LIFE MP Serhiy Lovochkin demands that the government strengthens social protection for persons affected by the Chornobyl disaster and provides complete and timely funding of benefits for the group’s members and their families. Lovochkin wrote this in his parliamentary inquiry to PM Denys Shmyhal.

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