Groysman boasts budget execution with 3.1% GDP deficit

Ukraine's government in 2016 was able to perform a crucial task to stop the economy decline, Prime Minister Volodymyr Groysman said, presenting the results of the Cabinet activities.

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"We've managed to stop the decline of the economy and ensure its growth," Groysman said.

Read alsoUkraine sees 4.7% economic grows – State Statistics ServiceHe pointed out that Ukraine's GDP growth in the fourth quarter of 2016 was at 4.7%, being a very optimistic indicator.

"The budget was executed with a deficit of 3.1%," said Groysman, stressing that the forecast of the 2016 budget resolution, as well as requirements of Ukraine's international lenders, has been met.

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