PM: Financial Situation in Ukraine Is Stable
OREANDA-NEWS. April 13, 2012. Ukraine gradually emerges from economic crisis and the financial situation remains stable. This was started by Prime Minister of Ukraine Mykola Azarov at a meeting with members of the Supervisory Board of "Yalta European Strategy".
"The financial situation in Ukraine is stable and steady. Despite the great debt we pay in time for our obligations ", - Mykola Azarov said.
He added that the Government had managed to stabilize the financial and economic situation for two years, could ensure the GDP growth and lower inflation.
The Prime Minister recalled that by the results of 2009 year the GDP was almost 16%, inflation - 24%, budget deficit - 18% and state debt was increased fourfold.
"In 2010 economic growth was 4.6%, in 2011 - 5.2%. We have reduced inflation to 4%, and for the first quarter of this year we have inflation at 1%", - the Prime Minister stated.
However, he stressed that the situation at world markets remains difficult, and that is why the Government is taking measures to stimulate the development of the domestic market.
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