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There is no rule of law in Ukraine, there are no laws, no one fulfills them / GORDON



The biggest challenge for Ukraine is the rejection of the reforms, believes the former head of the National Bank of Ukraine, Valery Gontareva.

There is no rule of law in Ukraine, said the former head of the National Bank of Ukraine (NBU) Valeria Gontareva to the Voice of America. Interview published on April 29.

According to Gontareva, in the country "everything is in order" at the macroeconomic level, but the problem remains that "in Ukraine there is no rule of law, there are no laws, no one complies with them".

The former head of the NBU noted that during his work all planned reforms were implemented.

"We moved to a flexible exchange rate, introduced a new financial policy in relation to inflation, cleaned the banking sector, reformed the central bank into a powerful institution," said Gontareva.

She believes that all reforms "may be refused, and this is the biggest challenge in Ukraine."

Gontareva directed the NBU from June 2014 to March 2018. In 2018 she moved to London where he works as an employee of the Institute of International Relationswhich is part of the London School of Economics.


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