OREANDA-NEWS. December 30, 2010. The Government during 2010 has reached the stabilisation of the economy through a defined strategy and clear action planning. This was stressed by Prime Minister of Ukraine Mykola Azarov at the press conference for central and regional media.

"Those results, which we complete this year with are the result of incredibly hard, our hard work, of course, work of all the people, not just the Government. But given the well-defined strategy" - Mykola Azarov emphasized adding that the current government from the first day was implementing the set tasks.

According to him, during 2010 given very limited resources the government managed to stabilize the economic and financial situation. In particular, 5% GDP growth was reached. Exports grew by 30% compared with last year's 40% decline, and profits of domestic companies was increased by 43% compared with minus 50% last year. Moreover, Mykola Azarov noted that the Government revived construction industry and public confidence in the banking system, the evidenced is the growth of deposits of 53 billion UAH. In addition, the Government achieved the lowest inflation for the last 8 years, maximum deregulation of the economy and revived the domestic market.

The Prime Minister also stressed that the significant achievement of the Government is restoration of effective cooperation with the IMF and gas negotiations with Russia.

Pleasant fact for the Government, according to Mykola Azarov, is the average monthly wage growth in the country at 372 UAH, pensions and subsistence rate growing.

Among the strategic directions of the Government, the Prime Minister called The Tax and Budget Codes.