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Groysman: We need to maintain annual GDP growth by 4-5 percent
11:23, 3 April 2017
Groysman: We need to maintain annual GDP growth by 4-5 percent

That is vital for Ukraine to create powerful and competitive economy, PM says

11:23, 3 April 2017

Press-service of the Cabinet of Ministers

Ukraine needs the annual growth of GDP by 4-5 percent, which is essential for the country’s further economic development. Volodymyr Groysman, Ukraine’s Prime Minister, said this presenting the 2017-2020 mid-term action plan developed by the government; it was presented at the Cabinet’s session on Monday, April 3.

‘We’ve got to develop a powerful and competitive economy; we have to maintain the GDP growth by 4-5 percent annually.  What’s even more important, we should abandon the resource-oriented kind of economic model,’ he said.   

Related: Ukraine's GDP grew by 2.3% in 2016, - Statistics Committee

Related: Donbas blockade to affect GDP in 2017, - National Bank of Ukraine

Related: Ministry of Finance predicts GDP growth slow down due to Donbas blockade

Related: National Bank of Ukraine to reconsider macroeconomic forecasts for IMF due to Donbas blockade

Related: Ukraine’s GDP grew by 5.1% in January, — Ministry of Economy

Related: 2017 Index of Economic Freedom: Ukraine ranked 166th

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