Vice PM Kubiv: Ukraine’s economy could reach pre-crisis level in 2021

Vice PM Kubiv: Ukraine’s economy could reach pre-crisis level in 2021

Ukraine’s economy will manage to reach its pre-crisis level in 2021 if the GDP grows by 3-4% annually.

First Vice Prime Minister – Economic Development and Trade Minister of Ukraine Stepan Kubiv said this at the meeting of the National Investment Council, an Ukrinform correspondent reports.

"The forecast for Ukrainian economy growth for 2018-2019 remains positive. According to the government's estimates, GDP will grow by 3% in 2018 and by 3.6% in 2019 ... We will restore the pre-crisis state of the economy in 2021 if such a growth rate is maintained," Kubiv said.

According to him, powerful and tangible result requires the GDP growth of 5-7%.


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