President: Ukraine to ensure 5% GDP growth.

By bne IntelliNews June 4, 2010
Ukraine is poised to ensure a 5% GDP growth by 2014, President Viktor Yanukovich has announced. The inflation is expected to go down to 6% in 2014. The president also stated that Ukraine's business climate rating would be improved by at least 40 positions and by 10 positions in the economy's competitiveness rating. The president assured that Ukraine would reduce direct and indirect forms of government support of the energy, coal, oil and housing and utilities sectors by about 60 percent. At the same time, he indicated that resuming cooperation with the IMF was one of the key issues that required attention.

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