Lovochkin: Demographic Situation in Ukraine Worst in Decade

The demographic crisis in Ukraine is getting worse, which serves as evidence of costly mistakes of the government in its economic and social policy. This was stated by MP Serhiy Lovochkin commenting on recent data from the State Statistics Service.

20 October 2021

Lovochkin: Party’s Proposals for Budget-2022 Allow Allocating Additional Funds for Social Expenditures

OPPOSITION PLATFRORM – FOR LIFE will insist that the bill on the 2022 state budget is voted together with the party’s proposals aimed at supporting economic growth. The proposals will allow to boost the real GDP growth by 3 percent and significantly increase budget expenses for social needs. This was stated by MP Serhiy Lovochkin commenting on the upcoming discussion of the state budget bill-2022 in the parliament.

07 October 2021

Lovochkin: Budget Draft Bill 2022 Stipulates More Expenses for Public Debt Management than for Economic Development

The acting administration is closing the debt grip of the nation by offering to increase the public debt-to-GDP ratio in 2022. This was stated by MP Serhiy Lovochkin commenting on the draft bill of the state budget for the next year that has been introduced in the parliament by the Cabinet.

01 October 2021

Lovochkin: If Current Economic Policy Remains, GDP Growth Plans for 2022 Will Be Unachievable

The restoration of economic growth in Ukraine is unsatisfactory: according to recent data by the State Statistics Service, in the 2nd quarter of this year, the real GDP increased by mere 5.7 percent compared to the 2nd quarter of 2020, even though the Q2 2020 GDP had fell by 11.4 percent compared to the same period in 2019. Given the above, MP Serhiy Lovochkin sent an inquiry to Prime Minister Denys Shmyhal and called for measures aimed at accelerating economic growth, especially during the finalization of the draft bill of the state budget-2022 by the Cabinet.

24 September 2021