Lovochkin: Investors Have No Faith in This Administration’s Ability to Develop the Nation

Last year, Ukrainian economy shrank by over 4 percent, with production industry decreasing by 5.2 percent. The crisis persists in engineering, ship building, and aerospace industries. OPPOSITION PLATFORM – FOR LIFE MP Serhiy Lovochkin says the administration has no understanding of how to govern the country, so it must be fully rebooted.

Lovochkin: Ukraine’s Most Vulnerable Group is Its 11 Million Retirees

March recalculation of monthly payments for Ukrainian retirees will not cover their real income loss over the past seven years. OPPOSITION PLATFORM – FOR LIFE MP Serhiy Lovochkin says that a comprehensive overhaul of the pension calculation system is needed to at least return these payments to their 2013 level.

Lovochkin: Production Sector Decline Rate Ten Times Higher in 2020

Ukraine’s manufacturing enterprises were not affected by lockdown limitations of 2020, but the decline rate of the production sector in 2020 hit its record high in the past five years, reaching minus 5.2 percent. According to OPPOSITION PLATFORM – FOR LIFE MP Serhiy Lovochkin, the government lacks understanding of how to manage the manufacturing industry, and this chronical illness of the current administration can only be eliminated through its complete reboot.

Lovochkin: Underfunding of Ukraine’s Coal Sector Results in Energy Crisis

Critical situation with energy resources in Ukraine in recent weeks has resulted from poorly planed policies of the government with respect to the national mining sector. This was stated by OPPOSITION PLATFORM – FOR LIFE MP Serhiy Lovochkin commenting on the decline of coal industry production in 2020 by 13.8 percent.

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