He expects Ukraine to post a 20-23% GDP contraction in Q1. He bewails the country's 145th position on the Doing Business 2009 index. He even elaborates on Lenin’s famous quote “You’re on the right path, comrades!”
Who is he? A former communist. A former banker. A former PM. A former MP. Ukraine’s current president. A man who vowed to separate business from government, put the corrupt ones in jail and lead Ukraine up the economic ladder.
President Yushchenko: The World Bank gives the following estimates of the attractiveness of the entrepreneurial environment: Ukraine, based on 2008 figures, occupies the 145th position...[long pause]...145th...out of the...like, 175 countries analyzed in the given group. Before that, a year ago, we ranked 139th. So I just want to say that, “You’re on the wrong path, comrades!”
There’s another one: the Index of Economic Freedom. Ukraine ranks 152nd out of the 179 countries surveyed.
It’s the economy, Mr. President! It's the obsolete, commodity-cursed, energy-inefficient, oligarch-controlled economy. And you don’t preach Capital when you meet with the oligarchs, do you?
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Original sources: http://5.ua