Abromavicius expects economic growth next year

Ukraine’s Ministry of Economic Development and Trade has been working on a government program for 2016, stipulating 2016 as year of growth for the country’s economy, according to the minister Aivaras Abromavicius.

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"The morning brainstorming at the Ministry [of Economic Development and Trade] on a government program for 2016. 2015 is macro-stabilization, while 2016 will be a year of growth," Abromavicius wrote on Twitter on Sunday.

Read alsoAbromavicius says additional import taxes may be lifted from JanuaryEarlier, the government reported that the draft law on the state budget of Ukraine for 2016 is calculated on the basis of macroeconomic forecasts, agreed with the International Monetary Fund, which provides for the a 2% growth of real GDP in 2016. However, the said bill was recalled for upgrading immediately after being submitted to the Ukrainian parliament.

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