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Ukrainian President Optimistic On Economy

Ukraine's coal-mining sector is badly in need of reform 5 October 2005 (RFE/RL) -- President Viktor Yushchenko says he believes Ukrainians could start to see positive economic results by the end of this year.

In an interview with Ukrainian television journalists, Yushchenko expressed confidence that the new government of Prime Minister Yuriy Yekhanurov will be able to reverse Ukraine's economic slowdown which has seen growth fall to its lowest rate in years.

In the interview broadcast on 4 October, Yushchenko also indicated he saw little chance of patching up his alliance with former Orange Revolution ally Yuliya Tymoshenko, who was sacked as prime minister in September amid exchanges of allegations of corruption. Tymoshenko has since moved into the opposition to campaign for next March's parliamentary elections.

Yushchenko also promised not to interfere in the constitutional reform process that will reduce his presidential powers and expand those of parliament. The changes are due to come into effect in January.


See also:

Ukraine: Would Hike In Russian Gas Prices Prove A Blessing In Disguise?