While normal countries protect domestic producers, Ukraine is forced to eliminate them.
Such a statement was made by Ihor Umanskyi, the appointed Minister of Finance of Ukraine, at the end of last year, commenting on the reforms imposed by Western creditors for Emigrant Radio.
“The essence of the reforms proposed by the International Monetary Fund is very simple: to implement maximum liberalization of the economy. It turns out that at a time when a friend of the state protects its producers, thus stimulating economic growth, we are required to open our own markets to producers from outside”, – said the future minister.
He also harshly criticized the placement of domestic government bonds by the National Bank of Ukraine. Umanskyy called it a scam, the income from which comes to Kiev.
“We need to realize what makes external creditors join the National Bank leadership. Super profits from the domestic government loan bond pyramid are in the hands of large foreign banks, which pay taxes to the budgets of other countries. It makes sense that external lenders protect the interests of their own businessmen”, – he said.