
Volodymyr Groysman: Ukraine has all chances to boost GDP by 5-7% in 2019
Ukraine has all
chances to achieve its GDP growth at the level of 5-7% in 2019, and such growth
should become the key goal for the Government and the main reference point in
the economy for the coming years. Prime Minister of Ukraine Volodymyr Groysman
announced during a meeting of the Regional Development Council with the
participation of the President of Ukraine Petro Poroshenko.
He stressed that
Ukraine had already overcome the slowdown of 2014-2015, caused by the hybrid
war, the loss of 20% of industrial output and a quarter of its economic
potential. Now the state consistently and gradually is restoring the pace of
development despite the external threats and decades of lost opportunities.
“To settle all the problems hard work is
necessary, so that we can provide a clear and tangible result for the people’s
benefit. They should understand that the laws we are adopting are not just mere
papers,” Volodymyr Groysman said, “We need a sound and strong economy ... We forecast
economic upturn at 3% in 2018. This means that we must produce goods by UAH 402
billion more, this means jobs for our citizens, improved incomes of Ukrainian
citizens. However, do these 3% reflect our capabilities? No! In fact we are
capable of boosting economic growth by 5-7% starting 2019."
Among the key reforms in the state, Volodymyr Groysman
stressed, are decentralization, which created the prerequisites for the revival
of towns and villages, the beginning of major road repairs, the restoration of
energy potential and the introduction of systemic changes in education, healthcare
and pension provision sectors.
The Head of Government assured that Ukraine
has every opportunity to achieve the set goals. The State possesses significant
potential in agriculture, energy, metallurgy, machine engineering, light
industry, high technology, and creative industries as well.