Tymoshenko: Yanukovych’s And Azarov’s Cynicism Knows No Limit

KIEV, Ukraine -- By announcing allegedly positive results of their first one hundred days in office, Mykola Azarov’s government is deceiving society, says Yulia Tymoshenko.

Ex-PM Yulia Tymoshenko

"Yesterday as I was watching Azarov report on the first one hundred days of their work I began to think that perhaps there is no limit to the cynicism on the current ruling political team in Ukraine, because it broke my heart to hear a person talk about 6% GDP growth when I know how untrue this is," Yulia Tymoshenko said today during a meeting with representatives of the Mykolayiv branch of the Committee to Defend Ukraine.

According to Yulia Tymoshenko, based on GDP figures from March and April "there was a 1.8% drop in production in Ukraine based on state statistics, and a 2.8% decrease in May." She noted that she has never seen such a "rollback" in economic development in Ukraine.

Yulia Tymoshenko also presented official data from the National Bank of Ukraine, according to which "in the time that Azarov has been in power, direct investment in the Ukrainian economy shrank by nearly one third – 29%."

"One hundred days have passed and we’ve already taken a $4 billion loan from Russia – 32 billion hryvnias, and at a cost three times higher than what the IMF was giving us," she added.

In her opinion, $4 billion was borrowed from Russia under conditions that are unfavorable for Ukraine. "If Tsushko announced that the crisis is over, then why borrow such amounts and also issue up to 20 billion? This is already 52 billion hryvnias," she underscored.

"I wonder what the boundary is to the propaganda being demonstrated today by the Azarov-Yanukovych government’s central media, and what is the limit to what Yanukovych is doing today? There is no limit," said Yulia Tymoshenko.

Source: Tymoshenko Website