At the time of the collapse of the Soviet Union, Ukraine was one of the most industrialized Soviet republics. But while all post-Soviet countries developed their industries, Ukraine either rolled down or stagnated. The result of this is a prolonged economic crisis, an industrial recession and huge amounts of foreign debt to international creditors, emphasized the head of the Kherson regional organization of the OPPOSITION BLOC, Vasyl Fedin.
As an example of a post-Soviet country that was able to successfully carry out economic transformations, and at the same time increase its industrial potential, the politician cited Belarus.
“At the time of the collapse of the Soviet Union, the economy of Belarus was much weaker than the economy of Ukraine. But while we had “army, language, faith”, the Belarusians were developing the industry of their country. As a result, GDP per capita in Belarus increased by 3.5 times. In April 2019, the average salary in Belarus was $ 509, and in Ukraine only $ 386,” the head of the OPPOSITION BLOC of the Kherson region said.
According to him, such results were achieved without a “liberal” economy and “dancing to the fiddle” of the IMF.
“The main strategy of Belarusians: the protection of the national producer. This is something that is completely absent in the industrial policy of Ukraine. We need to put aside the issue of “language and faith” and deal with the revival of the national economy, otherwise we will end up in the dustbin of world history,” Vasyl Fedin concluded.