Grigory Nemyrya and Cihan Sultanoglu

Vice Prime Minister of Ukraine Grigory Nemyrya and deputy director of regional office of UNDP for countries of Europe and CIS Cihan Sultanoglu during the presentation of new recommendations concerning implementation of further economic and institutional reforms in Ukraine, Kyiv, Thursday, April 16, 2009. In “Recommendations concerning implementation of economic and institutional reforms in Ukraine – 2009”, which were represented this day and prepared by The Blue Ribbon Analytical and Advisory Center within the frameworks of project United Nations Development Program(UNDP) in Ukraine, UN proposed to the Ukrainian officials 170 recommendations and called upon for implementing it in order to carry out reform and overcome the crisis. In this document experts underlined that it is necessary to implement economic and institutional reforms immediately and noted that economic crisis opens ways for reforms in Ukraine. It is said in the report that Ukraine is found to be vulnerable in front of the world financial and economic crisis because of slow advancement of the reforms during recent years. According to the words of deputy director of regional office of UNDP for countries of Europe and CIS, a new report call upon for consolidated actions in carrying out the reforms in Ukraine. “In the report there is analysis of recent events in the country in the context of 170 concrete recommendations concerning necessary measures directed to rebuilding of market institutions, providing of macroeconomic stability and receiving advantages from the international trade on a way to resuming of dynamic long-term growth, which will provide to the country a stable position on international arena, which, it is worthy of”, said the UN representative. The Blue Ribbon Analytical and Advisory Center (BRAAC) was formed in July 2005 by United Nations Development Program in Ukraine. The main goal is to promote the next level of social-economic transformation in Ukraine. Photo by Vladimir Gontar/UNIAN