Azarov: Ukraine not facing threat of default

KYIV, August 17 /Ukrinform/. Ukrainian Prime Minister Mykola Azarov has advised citizens not to trust various "horror stories" from experts who predict default for the country.

He wrote this on his Facebook page on Friday.

"I can state authoritatively that Ukraine is not facing a threat of default. The government is taking a number of measures that have already helped us reach a surplus of the balance of payments. We will continue to pursue the policy that will ensure the financial and economic stability of the state and its economic development," Azarov said.

He also cited the figures published by the State Statistics Service, according to which GDP grew by about 2.5% in July 2013.

The premier also expressed hope that as a result it would be possible to reach a small GDP growth this year. "This is a very difficult task, but I think that we will cope with it," he wrote.

ap