Worst times of Ukrainian economy left behind, - Poroshenko

Source : 112 Ukraine

According to Poroshenko, the crisis caused by Donbas conflict retreats
15:44, 29 January 2019

Presidential Administration press office

The economy in Ukraine has been recovering for 12 quarters in the row, so the worst times are left behind, as 112 Ukraine reported citing President of Ukraine Petro Poroshenko during his speech at “From Kruty to Brussels” forum.

“Two weeks ago, the National Bank of the country published the main macro-economic indexes of 2018. The statistics do not coincide with the attitudes and feelings of people, but witnesses that the worst time is definitely left behind. The economy is growing for 12 quarters in the row after a multi-year recession,” Poroshenko said.

Related: Ukraine's actual place in world economy

According to him, the crisis caused by Donbas conflict, economy aggression, and trade blockade by Russia, retreats.

“The recovering of the economic growth opens, finally, the possibilities for the growth of real well-being,” he added.

Related: Ukraine cannot get out of crisis, as its economy working for foreign offshores

As we reported, total public (direct) debt and publicly guaranteed debt of Ukraine in December 2018 increased by 4,77% or $3,56 billion to $78,32 billion

However, the managing director of the International Monetary Fund Christine Lagarde noted the leadership of the president of Ukraine Petro Poroshenko in conducting reforms in Ukraine and expressed sureness in successful implementation of the whole program of cooperation during 2019.

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