In Ukraine increased real wages – Kubiv

In Ukraine for 11 months in 2016 real wages increased by 8.8%. This was stated by first Vice Prime Minister – Minister of economic development and trade Stepan Kubiv, reports “UKRINFORM”.

“For the first time in the last two years has increased and real wages by 8.8%. However, nominal wages of full-time employees in January-November of 2016 increased by 23.8%. Today is 5,7 thousand UAH”, – said Stepan Kubiv.

According to him, the forecast for 2017 is quite optimistic, there are prerequisites for raising the standard of living of the population. Implementation of investment projects with the modernisation of productive assets will improve the quality of Ukrainian products.

“This will open new markets, particularly Asia and Africa. The main drivers of growth will be exports and investment demand,” – said Kubiv.

He recalled that the government forecasts to 2017, GDP growth at 3%.

As reported, according to state statistics, the gross domestic product of Ukraine in the third quarter of 2016, according to revised data, increased in comparison with the same period in 2015 by 2%.