Groysman predicts decrease of inflation by 9% in 2018

Source : 112 Ukraine

Ukrainian Prime Minister also announced the spring of the reforms in 2018 that will pass under the economic growth
20:13, 1 December 2017

Groysman Twitter

The inflation in Ukraine will decrease from 11.2% to 9% in 2018. Volodymyr Groysman, the Prime Minister of Ukraine announced such prediction at the session of the Ukrainian government broadcasted by 112 Ukraine.

'The expected inflation in this year is 11.2%. We are optimistic towards the decrease of the planned inflation up to 9% the next year. It means that the consumer possibility of people will be higher and the prices will be stable. We predict the increase in the income of the state budget up to 42. 768 billion dollars', he said.

Related: Economic forecast for Ukraine: Hryvnia weakening, high inflation and tarrifs

Also, Groysman announced the spring of the reforms in 2018 that will pass under the economic growth.

'We can fasten the economic growth due to the effective decision next year. We need to make the additional decision that will allow the government to make the particular steps for the rushing economic growth'.

Related: Four years after Maidan: What happened to the Ukrainian economy

As we reported earlier the European Commission will not allocate the third tranche of the macro-financial support in the sum of 600 million euros to Ukraine. It is ready to provide Ukraine with the further macro-financial support only under the activation of the reforms. The European Commission noted that any decision will be approved by the European Parliament and the EU Council in accordance with the normal legislative practice.

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