Hroisman has promised a 3% growth and said the rate could be 18,5 UAH/USD

The growth of the economy of Ukraine in 2017 will actually be about 3%, reported the press service of the Cabinet of Ministers, citing the words of Prime Minister Vladimir Groisman.

«We are more than three months engaged in a dialogue with the expert community, Ukrainian Parliament. The government has made a balanced budget by 2017, and it is very structured, clearly defined priorities, which he founded. This «defense» is raising the minimum wage doubled to 3200 hryvnia. For teachers — increasing in 2017 to 50% of salary, doctors — up to 30%. Saved the system of decentralization and support of the agricultural industry, machinery, large-scale construction of roads. We expect that economic growth will actually be about 3%,» — said Groisman.

The Prime Minister noted that the budget in 2017, which for the first time in a long time, was compiled, reviewed and accepted in accordance with the rules of parliamentary work, is a vital tool to stimulate economic growth.

Hryvnia exchange rate today could be no more than 18.5 UAH/USD., if Ukraine produces enough of its gas, not to buy foreign.

«I saw a dimension that shows that if we got gas to Ukraine, and I do not buy the currency, the dollar would cost no more than 18.5 UAH», — said Groisman.

He also stressed that the government has committed itself to achieving the independence of the country and the result is expected within the next 3-5 years.

As reported, the Cabinet of Ministers of Ukraine at the end of last year approved the concept of development of gas industry of Ukraine for the period up to 2020, implying an increase in production of fuel to 27 billion cubic meters per year, which will fully meet the needs of the country in this type of energy.

The state budget for 2017 envisages GDP growth of Ukraine at 3%. The international monetary Fund predicts GDP growth in Ukraine in 2017 at 2.5%.

The gross domestic product of Ukraine in the third quarter of 2016, according to the state statistics service, increased in comparison with the same period in 2015 by 2%.

Earlier, the international rating Agency S&P Global Ratings predicted growth of the economy of Ukraine at the end of this year at 1% when inflation is 14% and the average annual exchange rate of hryvnia at the level of 25,6 USD per dollar. In addition, S&P Global Ratings has affirmed Ukraine’s sovereign rating at «b-» with a stable Outlook.

Recall that in June this year Cabinet approved the draft budget resolution providing for GDP growth in 2017 at 3-4%, inflation at 8.1%, unemployment 8.6 per cent, the forecast level of the debt – 66,8% of GDP and the exchange rate of hryvnia to the level of 27.2 UAH per dollar.

Hroisman has promised a 3% growth and said the rate could be 18,5 UAH/USD 05.01.2017

Январь 5th, 2017 by
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