In the article titled "The Wrong Country Was Named Honduras," the online paper Ukrainiska Pravda presented results of the last economic research conducted by the Ukrainian Centre for Economic and Political Studies.
Published:
21 September 2000 y., Thursday
In the article titled "The Wrong Country Was Named Honduras," the online paper Ukrainiska Pravda presented results of the last economic research conducted by the Ukrainian Centre for Economic and Political Studies.
The figures terrify. 70 percent of Ukrainians are on the verge of poverty. Almost one million families survive on less than USD ten per month. Hourly payment of labour is fifteen times lower than the acceptable international measure of poverty.
"There are universal standards of poverty," says the newspaper. "According to the European Bank of Reconstruction and Development (EBRD), people can be qualified as surviving under the verge of poverty when they spend less than four dollars per day. The World Bank considers those who have one dollar per day as living in absolute poverty. Few reservations in Africa and South America have such indicators. Maximum pension in Ukraine is nearly UAH 100."
A bit of mathematics: UAH 100 per months means UAH 3.3 per day. The present exchange rate is USD one to UAH 5.44. Through simple mathematics we get around USD 0,61 per day or USD 18.4 per month.
At least the level of corruption in Ukraine has already reached such depths that it is difficult to find many other countries that it can be compared with.
Šaltinis:
ce-review.org
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
President of the Republic of Lithuania Dalia Grybauskaitė welcomed the decision taken by the U.S. Government to transport shipments for the international mission in Afghanistan by transit via the Klaipėda Seaport.
more »
EU Solidarity Fund aid to repair storm damage in France and Portugal was approved by the Budgets Committee on Thursday.
more »
The European Investment Bank and the Government of Samoa formally agreed to support the rehabilitation and upgrade of independent water schemes in the Pacific island state under a EUR 250,000 technical assistance programme.
more »
Steps to overhaul the European Union's flagship single market were discussed on Tuesday (9 November) by MEPs and interested parties.
more »
Strategy to secure a sustainable EU energy supply and support economic growth over the next decade.
more »
EU funding to help 850 former workers in the aircraft maintenance industry around Dublin find new jobs was approved by the European Parliament on Thursday.
more »
Saffron farmers in western Afghanistan hope to oust opium as a harvest crop.
more »
The European Commission has approved an application from Poland for assistance from the European Globalisation adjustment Fund (EGF).
more »
New plans for EU industry to create jobs while keeping manufacturing in Europe.
more »
The European Commission has approved two applications from Spain for assistance from the EU Globalisation Adjustment Fund (EGF).
more »