The Agency for the Modernisation of Ukraine (AMU) Discusses Reform Proposals for the Ukrainian Economy

KIEV, Ukraine, July 29, 2015 /PRNewswire/ --

Former Polish Prime Minister Waldemar Pawlak discussed the current economic situation in Ukraine and possible economic reform proposals with experts 

The Agency for the Modernisation of Ukraine (AMU) hosted a round table today under the leadership of former Polish Prime Minister Waldemar Pawlak. The subject was the country's current economic policy and economic situation. Numerous experts from business, science and politics accepted the invitation.  

Waldemar Pawlak, who was the Minister of Economic Affairs of Poland for five years following his position as Prime Minister, contributed his expertise as Chairman of the AMU "Economy" round table. Moreover, his knowledge will also be incorporated into the programme to modernise Ukraine.
Pawlak emphasised during the round table: "Economic policies should never consist of only short-term decisions, they must always have a long-term dimension to bring modernisation for prosperity to all. Responsible politicians must think beyond their term of office."

The "Economy" round table took place in the Olympic stadium built for the 2012 European Football Championship that was jointly hosted by Poland and Ukraine. It was here that Pawlak presented three areas where Ukraine could and should be economically active.

Growth and Competitiveness 

In order to strengthen economic growth and competitiveness in Ukraine, Pawlak recommends establishing a "banking sector consolidation fund". Furthermore, Pawlak is thinking of a currency stabilisation tax in order to curtail currency speculations.

Entrepreneurship and Innovative Strength 

According to Pawlak, entrepreneurship and innovative strength in Ukraine could be stimulated with prosperity zones, economic clusters, greater diversity in export products. Ukraine has many good regulations in area of entrepreneurship but the implementation and day to day practise is what needs substantial improvement.

Ecology 

Pawlak is also convinced that ecology and dealing responsibly with nature must be part of a modern economic programme in Ukraine. He suggests the creation of a national fund for environmental protection. Equally, the subject of energy efficiency and renawable energy sources should be more firmly anchored in the population and with those responsible for the environment.  

AMU President Michael Spindelegger: "The AMU stands behind the assessment of Waldemar Pawlak that Ukraine should become active in these areas - growth and competitiveness, entrepreneurship and innovation, as well as ecology. We will also incorporate these points into our programme for the modernisation of Ukraine."

Photos of the round table are available on the AMU website http://www.amukraine.org .

Press contact:

Bernhard Schragl
PR Manager, Spokesperson
The Agency for the Modernisation of Ukraine
Renngasse 6-8, Top 504 /A-1010 Vienna
Phone +43-1-535-07-65-204
http://www.amukraine.org 
bernhard.schragl@amukraine.org