RESOLUTION OF THE VERKHOVNA RADA OF UKRAINE

of February 27, 2014 No. 799-VII

About the Program of activities of the Cabinet of Ministers of Ukraine

The Verkhovna Rada of Ukraine decides:

Approve the Program of activities of the Cabinet of Ministers of Ukraine.

Program of activities of the Cabinet of Ministers of Ukraine

Today Ukraine is in the deepest for all history of the independence economic, political and social crisis. The state is brought to bankruptcy side, society - before the social and humanitarian disaster. The threat of loss by Ukraine of sovereignty and territorial integrity became real. The country appeared in step from financial and economic collapse.

Growth of real GDP in two last years - zero. Public finances - in critical condition. Central government budget deficit in 2013 made 65 billion UAH, taking into account all obligations of the government - more than 80 billion UAH.

The state treasury is plundered. As of February, 2014, balance on the Single treasurer account - 4, 3 million UAH, while unpaid payment orders - nearly 10 billion UAH.

The total external debt for the end of 2013 reached $140 billion or about 80% of GDP, including short-term - $65 billion that more than by 4 times exceeds gold and exchange inventory of the state, constitutes only $15 billion today.

To critical level the business and investment climate worsened. The foreign companies and banks leave Ukraine. The cooperation with the international financial institutions is destroyed. The country is actually deprived of the potential of economic recovery.

The depression of economy makes impossible maintenance of proper social standards for the vast majority of the population. Billion wages arrears, to social payments and benefits remain. Millions of Ukrainian families are delivered on survival side.

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