Kyiv, December 16 (Ukraine News) – Ukrainian President Viktor Yanukovych has said that GDP growth in Ukraine in 2011 should be at least 5%.
“Thanks to the reforms in the economic sector, the Ukrainian economy is demonstrating stable growth. Thus, in 2011, we expect growth in GDP of at least 5%, industrial production at 8%, agriculture at about 15%, and growth in exports by almost a third,” he said at a traditional annual meeting of the heads of diplomatic missions of foreign states in Kyiv on Friday.
Yanukovych said that Ukraine had completed the first stage of tax reform. He said that the growth in the figures of automatic VAT reimbursement was a positive signal for exporters.
He said that Ukraine had seen the concrete results of economic liberalization.
“In particular, the thousands of the so-called regulatory acts have been cancelled at the local level,” he added.
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