Ukraine’s economy has been growing for six consecutive quarters – Poroshenko

Ukraine’s economy has been growing for six quarters, and heads of enterprises, according to surveys of the national Bank, record growth in optimistic expectations for the development of the macroeconomic situation. This was stated by President Petro Poroshenko.

“GDP has been growing for six consecutive quarters after 14 quarters of decline. Confidence that economists are not mistaken in the positive projections, was added and the signals that we receive from the business environment. A survey of business leaders, which conducts quarterly national Bank, record growth in optimistic expectations – as for the development of the macroeconomic situation and the financial situation of the enterprises”, – said Poroshenko.

According to the President, a tough anti-crisis measures, macro-financial stabilization, reduction of tax burden, deregulation, anti-corruption measures, the opening of new foreign markets, including the Agreement on Association of Ukraine with the EU, deep and comprehensive free trade area with the European Union – “all this paved the way to restoration of economy of Ukraine”.

The President recalled that, according to a study by the European business Association’s investment attractiveness index of Ukraine left the negative plane and was the highest in six years, including pre-war.

“Respondents of the same Association, the companies plan next year’s expansion of production, increase of salaries, creation of new jobs,” – said Poroshenko.

We will remind, Poroshenko also said that the closure of the Russian market could not break the Ukrainian economy. The head of state stressed that now the main task of Ukraine is to unite efforts to continue reforms.

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