ukraine economy minister resigns citing stalled reforms
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Ukraine economy minister resigns citing stalled reforms

Egypt Today, egypt today

Egypt Today, egypt today Ukraine economy minister resigns citing stalled reforms

Ukraine's Economy Minister Aivaras Abromavicius
Kiev - AFP

Ukraine's Lithuanian-born Economy Minister Aivaras Abromavicius abruptly submitted his resignation Wednesday citing his inability to push through vital restructuring measures essential to getting growth in the cash-strapped country on track.

The shock decision layed bare the sharp divisions with pro-Western President Petro Poroshenko's government and the difficulties the ex-Soviet nation faces in coming through with the changes needed to fulfil its ambition of joining the EU.

"Today, I made the decision to submit by resignation from the post of minister of Ukraine's economic development and trade," Abromavicius told reporters in Kiev.

"The reason is the sharp escalation in efforts to block systemic and important reforms."

Abromavicius and Ukraine's US-born Finance Minister Natalie Jaresko were both appointed in December 2014 as part of Poroshenko's efforts to infuse fresh blood into the war-shattered country's attempts to return to growth.

Kiev's US Ambassador Geoffrey Pyatt tweeted moments after the announcement that Abromavicius was "one of the Ukrainian government's great champions of reform...and a believer in the future Ukraine's people deserve."

The resignation comes in the midst of growing parliamentary displeasure with Poroshenko's government and infighting between various political interests that are tied to powerful business tycoons.

Abromavicius said some political forces were "taking steps aimed at paralysing our reforms".

He further accused unidentified but influential people of "trying to establish control over financial resources -- first and foremost those of the Naftogaz (state oil and energy company) and the defence industry."

"I refuse to work in such a system," the 40-year-old former banker said.

"I and my team are not ready to provide cover for the restoration of old -- and the creation of new -- schemes (built) in the interests of particular political and business players."

The graft-riven country of about 40 million has been one of Europe's worst economic performers since winning independence in 1991.

A January report by Transparency International showed Ukraine occupying 130th out of 167 places on its Corruption Perceptions Index for 2015.

Initial government estimates show Ukraine's economy shrinking by 10.4 percent of gross domestic product last year.

Abromavicius's resignation must still be approved by parliament.

Poroshenko himself made no initial comment about one of his most important minister's sudden move.

- Bitter rivalries -

Some of Kiev's more acrimonious battles have been waged between billionaires linked to Poroshenko and those of Prime Minister Arseniy Yatsenyuk -- a hawkish leader who delivered passionate speeches atop barricades during Ukraine's 2014 pro-Western revolt.

Yatsenyuk and Poroshenko were seen as allies in the heady days that followed Urkaine's break from Russia's historic embrace.

But bitter rivalries have since surfaced and Yatsenyuk's own place in the government no longer suits some of the more outspoken members of the president's team.

Mikheil Saakashvili --- a former Georgian president who fought a brief 2008 war with Russia and currently serves as governor of Ukraine's historic Odessa region -- said he spoke to Abromavicius on Tuesday and knew that something was wrong.

"I had a long talk with Aivaras Abromavicius and he told me lots of interesting things," Saakashvili wrote on Facebook.

"Aivaras and I both work on the council of state enterprise reforms," the close Poroshenko supporter continued.

"And I would like to confirm that all our initiatives aimed at changing the leaders of state enterprises are being block personally by the prime minister at the suggestion of Igor Kononenko," Saakashvili claimed.

Kononenko serves as deputy head of Poroshenko's parliamentary party and is known in the Ukrainian media as a "grey cardinal" who implements the president's political will.

His alleged ties to the prime minister underscore the complexities of Ukraine's shacky ruling elite.

 

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ukraine economy minister resigns citing stalled reforms ukraine economy minister resigns citing stalled reforms



GMT 10:14 2019 Monday ,19 August

Love a special date with you

GMT 10:34 2012 Tuesday ,23 October

Stacy Keibler in Monique Lhuillier

GMT 13:29 2018 Friday ,14 December

Turkey targets military over alleged Gulen links

GMT 01:25 2016 Thursday ,27 October

Deputy FM back home from Juba

GMT 09:20 2012 Friday ,16 November

Twilight\' stars eye new life after vampire saga

GMT 06:21 2017 Sunday ,13 August

US Marines pause flights for 24 hours

GMT 08:01 2017 Monday ,30 October

Christie: Mueller's targets should be concerned

GMT 07:48 2018 Tuesday ,23 January

Kurds invited to join Syria peace

GMT 09:05 2013 Wednesday ,31 July

Angelina Jolie\'s classic style

GMT 14:44 2012 Monday ,27 February

Capital by John Lanchester

GMT 10:28 2017 Thursday ,09 November

Emboldened Xi, weakened Trump face tough talks
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday