Ukraine Forecasts 6% GDP and 5,7% Industrial Production Growth
OREANDA-NEWS. September 11, 2008. In 2009 the amount of GDP in Ukraine will up by 6% while industrial production – by 5.7%. Such guiding lines have been defined in the approved by the Government estimated indices of economic and social development of Ukraine for 2009, reported the Official website www.kmu.gov.ua.
“The principal factor of economic growth in 2009 will be rise of domestic demand at the account of customer as well as investment demand,” Economics Minister Bohdan Danylyshyn announced on commenting the Govt’s decision.
According to the Govt’s forecasts, the conditions of slowing down inflation and raising of minimal wages to the subsistence wage level will entail an accelerated growth of average monthly salary by up to 17.3%.
A crucial factor of economic growth will be further development of foreign trade including by means of wider involvement of Ukraine into integration processes. According to Bohdan Danylyshyn, the Gov’t predicts the growth of export by 22.1%, generally at the account of supplies of agroindustrial products and machine-building items to the CIS and EU states. With regards to import, Economics Minister opined, as compared to 2008 its growth will slow down by up to 25.6% in connection with rise of price for energy carriers.
According to Bohdan Danylyshyn, in 2009 the Government will advance realization of anti-inflation measures aimed at shortening of inflation pressure caused by surplus demand, notably at the account of pursuing well-weighed monetary management and budget policy, development of financial and stock markets. It will facilitate into increase of trust of citizens to the financial institutions and growth of investments into the Ukraine’s economy,” the Minister stressed.
Комментарии