KYIV. April 16 (Interfax-Ukraine) – The Ukrainian government expects 2% growth in GDP in 2016.
“We are very cautious about the prospects for 2016. At the same time, our forecasts coincide with those of the IMF: both the government and the IMF expect GDP growth in 2016 at ‘plus 2%’,” Prime Minister Arseniy Yatseniuk said during a meeting of the National Tripartite Social and Economic Council.
He said that GDP growth was impeded by the lack of foreign investors.
“It is no use to expect that foreign investors will come in 2015, it is too early: there is war, and a country that is at war with Russia cannot quickly become attractive for investment,” Yatseniuk said.
He said that this year will form the foundation for the beginning of economic growth in 2016.
In this regard, Yatseniuk announced the continuation of tax reform, the establishment of an effective system of VAT refunds, and for the search for new markets for Ukrainian products to continue.
