Lovochkin: Government Fails to Control Timely Wage Payments

The wage arrears in Ukraine rose by 53.4 percent since early 2021, reaching over 4 billion hryvnia, because of unprofessional and irresponsible stance of the administration. This was stated by MP Serhiy Lovochkin commenting on the data by the State Statistics Service.

Lovochkin: Government’s Lack of Professionalism Aggravates Industrial Crisis

The current crisis in the industrial sector of Ukrainian economy is not caused by objective reasons but results from unprofessional management. This was stated by MP Serhiy Lovochkin commenting of the most recent data by the State Statistics Service.

Lovochkin: Government Incapable of Getting Economy back to Pre-Quarantine Levels

While the EU countries have reached the pre-epidemic level of economic development or even topped it, economic recovery in Ukraine proceeds extremely slowly. According to MP Serhiy Lovochkin, the main reason behind its stagnation was the Cabinet’s ill-preparedness for the energy crisis.

Lovochkin: Inflation Rates in Ukraine Have Soared at Double Digits for Four Months Now

As of the end of October, annual inflation amounted to 10.9 percent, and it’s been hitting high two-digit figures for four months now, the first time since 2018. This was stated by MP Serhiy Lovochkin commenting on the inflation data by the State Statistics Service.

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