Cabinet must ensure growth of Ukraine's GDP by more than above 5% – PM Groysman

Ukrainian Prime Minister Volodymyr Groysman says the Cabinet, as a priority in its work, must ensure the growth of Ukraine's gross domestic product (GDP) by more than 5%.

Read alsoNBU estimates Ukraine's GDP growth in Q4 2018 at 3.3%

"For us, a priority is [to ensure] the growth of the economy by more than 5%. So, investment is needed. To this end, we need transparent rules and guarantees of security for this investment," he said at a Dragon Capital event for business people on February 12.

According to Groysman, the government will carry out structural reforms in the country to create a favorable investment climate.

As UNIAN reported earlier, the Cabinet of Ministers of Ukraine projected Ukraine's GDP growth in 2019 at 3%, the National Bank at 2.5%, the International Monetary Fund at 2.7%, and the World Bank at 2.9%.

According to the consensus forecast compiled by UNIAN on the basis of experts' estimates, Ukraine's economic growth will slow to 2.8% in 2019.