Lovochkin: Last Year’s Two-Digit Inflation Rate Resulted from Government’s Mistakes

The price surge for goods and services over the past twelve months has led to a decrease of basic social standards in real terms, including subsistence minimum and minimum pension, MP Serhiy Lovochkin stated commenting on the latest inflation data.

Lovochkin: Wage Arrears Must Be Among First Subjects for New Parliamentary Session

In July alone, the wage arrears in healthcare increased by 29 percent; since early 2021, the debt figure has grown almost fourfold. According to MP Serhiy Lovochkin, the government failed to solve the issue of salaries in all strategic directions.

Lovochkin: Not a Single Manufacturing Industry Approaches Its Pre-Epidemic Level

While in most countries 2021 is a year for economic recovery after pandemic losses, Ukraine remains away from these processes. According to MP Serhiy Lovochkin, the lack of real economic program by the government resulted in stagnation after the decline in production.

Lovochkin: Economic Decline Continues for Second Quarter in a Row

Ukraine’s economy is currently in recession, and its GDP has been sliding for the second quarter in a row. This was stated by OPPOSITION PLATFORM – FOR LIFE MP Serhiy Lovochkin.

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