YURI DYACHYSHYN | AFP | Getty Images
A picture taken on February 8, 2019 shows people walking by placards depicting Ukrainian entertainer in addition to presidential candidate Volodymyr Zelensky in addition to oligarch Ihor Kolomoyskyi, looking out by his back, in addition to reading ‘Servant of oligarch, doll of oligarch’ is usually seen glued prior to Zelensky performance in western Ukrainian city of Lviv on February 8, 2019.
“The source of his popularity is usually in which he does not belong to the establishment, in addition to has been conducting an unorthodox election campaign,” according to Tadeusz Iwanski, research fellow at Warsaw-based think-tank, the Center for Eastern Studies.
“Zelenskiy communicates with voters by using social media in addition to holding concerts in Ukraine’s regional centres, while the TV series in addition to cabaret shows in which he stars are among the most common in Ukraine,” Iwanski said in a note last week.
While Zelensky’s popularity has sharply risen in recent weeks, fueled largely by public dissatisfaction at the traditional political elite, analysts are keen to point out in which his support base might be unstable. They also note in which his policies in addition to program for government are unclear.
Otilia Dhand, senior vice president at Teneo Intelligence, said for Zelensky to pass into the crucial second round of voting he will have to offer a more detailed manifesto.
“Given in which Zelensky does not have a well-defined program, policy implications of his potential victory are difficult to gauge for right now. the item is usually likely in which ahead of the second round, Zelensky would likely put forward a more detailed policy plan. Meanwhile, the main concern is usually his lack of political experience in addition to questions over his ability to steer the unwieldy Ukrainian political system to deliver reforms, including those required under the current IMF arrangement,” Dhand said in a note last week.
A government led by an inexperienced politicians could be a big problem for Ukraine, a country largely reliant on foreign donors in addition to an aid program by the International Monetary Fund (IMF). In December, the IMF approved a completely new 14-month near $4 billion loan in which replaced a four-year $17.5 billion aid package agreed in 2015.
in which aid came after Russia annexed Crimea by Ukraine in 2014 in addition to then supported a pro-Russian uprising inside east of the country, prompting the economy to decline as investors feared further instability.
The IMF’s latest loan comes with four main conditions; in which the government continues an ongoing fiscal consolidation to keep public debt on a downward path; reduces inflation while maintaining a flexible exchange rate regime; strengthens the financial sector; in addition to advances structural reforms to improve tax administration, privatization in addition to governance.