Poroshenko forecasts billions of investment in Ukraine in 2016

Ukrainian President Petro Poroshenko forecasts significant investment in the Ukrainian economy in 2016 and estimates it at billions of U.S. dollars.

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"I expect investment this year will total billions of dollars," the president said at his first press conference in 2016 in Kyiv on Thursday, January 14.

Earlier, Ukrainian Minister of Economic Development and Trade Aivaras Abromavicius stated that the government was seeking to raise more foreign investment in the Ukrainian economy, aiming at $5 billion in 2016. It is reported that investment injected in Ukraine has been declining from year to year.

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