Ukraine Shows Economic Indicators for 7 Months
OREANDA-NEWS. August 24, 2011. The results of work of economy for 7 months of current year testify to fastening of positive tendencies of development of Ukraine.
It was declared in interview by the First Vice Prime Minister - the Minister of economic Development and Trade of Ukraine Andriy Klyuyev.
However, as he said, it's just a base for further transformations. "Leading the way - great work. To leave the path of accelerated development of Ukraine confident we still have much to do: to continue reforms - from the pension and health care system, to reform in the energy sector, infrastructure development and further deregulation of the economy. We will create conditions for increasing investment in fixed capital, strengthen the domestic market, actively engaged in import substitution and energy conservation", - Andriy Klyuyev has declared. As he said, the Government plans to work persistently gradually to level the trade balance sheet of the country.
According to him, the investment demand role during the current year was increased – the total amount of investments into fixed capital in January-June, 2011 has grown by 15.9% against falling by 7.4% in January-June, 2010. Such dynamics testifies to an exit from an investment crisis in the background of general stability and economic growth, Andriy Klyuyev has declared.
The First Deputy of the Head of the Government of Ukraine named major factors which stimulated growth of investment activity. As he said, this preserving of macroeconomic stability, the fiscal policy directed on stage-by-stage decrease of the tax load and increase of financing from the expenditure budget of development. Besides, important factors became growth of incomes of the enterprises more than on 20 % in comparison with the beginning of last year and increase in pure inflow of direct foreign investments (according to preliminary data - to 3 billion USD against 2,1 billion USD in first half-year 2010), were reported by Andriy Klyuyev.
According to him, revealing that the volume of construction work in January - July this year rose by almost 14 % (compared with a decrease of 16.8% in January - July 2010). Andriy Klyuyev noted that a substantial intensification of construction activity has been associated, including the preparations for the holding of the 2012 finals of the European Football Championship and by enhancing the construction of various infrastructure and social facilities in all regions of Ukraine outside the Euro -2012.
According to the First Vice Prime Minister, on the background of growth rate of industrial production (8.7% for January - July) figures look positively machine building - kind of industrial activity, production-oriented products with high added value. There's growth has exceeded 20%, told Andriy Klyuyev.
Answering a question of the correspondent, he has declared that the Government of Ukraine watches closely development of world economy and is ready to different scenarios. As he said, probable risks are considered in corresponding programs. The Ministry of economic Development and Trade and the Cabinet of Ministers management also attentively listens to opinion of independent economic experts, Andriy Klyuyev has added.
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