Vitaliy Klychko: National Currency Must Be Stable

04.10.2012 18:47

We need to pull Ukraine out of the debt trap and go through with a number of vital economic reforms in order to stabilize the national currency – according to Leader of the “UDAR” Party Vitaliy Klychko, who voiced this opinion during his meeting with journalists at the Money Museum in Vinnytsya.

According to Klychko, the situation when it is impossible to predict the value and stability of the national currency for more than a month ahead is abnormal. “Today, Ukraine cannot look ahead with confidence. Every citizen is concerned with the question: What is the best currency for savings? There is no optimism for the future, especially if one remembers that the country’s debt has grown to almost 500 billion UAH and foreign loans to 129 billion”, said Klychko.

Klychko noted, “Our national currency, hryvnya, is a symbol of our nation much like language, flag or anthem. That’s why it is very important to keep it stable. This depends primarily on the stability of our economy.” He emphasized that “UDAR” plans to free the country from overbearing debt, “We need to change the investment climate in the country, which would allow us to grow exports and implement import substitution. We will ensure a predictable exchange rate for hryvnya.”

The politician also mentioned that he used to collect coins and would like to donate part of his collection to the museum.

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