The world Bank has calculated how much Ukraine loses because of corruption

Всемирный банк подсчитал, сколько Украина теряет из-за коррупции

Jim Yong Kim complains about corruption in Ukraine

Corruption hinders to grow the Ukrainian economy, confidence in the Bank.

Corruption in Ukraine costs the country every year in 1-2% of potential economic growth. This was during a press conference said world Bank President Jim Yong Kim, RBC-Ukraine online reports.

He also noted that the anti-corruption court should be established as soon as possible.

“I have not heard a specific date when it will be done (creating an anti-corruption court – ed.). All investors are waiting for that next step. Now it is necessary that we all felt that it is really serious and started to invest,” he said.

While Kim stressed that the investment will not be without the reforms.

“We can’t do that without the reform. This should be done, the sooner the better,” said world Bank President.

According to him, the establishment of an independent anti-corruption court is the next step in the fight against corruption.

We will remind, the President of the world Bank Jim Yong Kim is sure that in Ukraine adopted pension reform will protect the most vulnerable segments of the population and ensure the stability of the entire pension system.