Groysman announces "motivating" laws aimed at doubling GDP growth

"We are seeing GDP growth, but we can double it by making right economic decisions. I expect that this autumn, together with the parliament and president, we will adopt a number of motivating laws that will ensure appropriate economic growth," Groysman told a government meeting on Wednesday.

Read alsoUkraine sees UAH 39 bln in budget surplus in eight monthsAccording to the prime minister, following the increase in social standards and pension reform, which will increase pensions by UAH 200-1,000 as early as October, the economic growth will raise the incomes of citizens.

"The economic growth will allow citizens to feel confident in their future," Groysman said.

Read alsoFitch predicts Ukraine's GDP growth by 2-3% in 2017-2018As UNIAN reported earlier, according to the central bank's forecasts, Ukraine's GDP growth in 2017 is expected at 1.9%, while in 2018 the growth is expected at 3.2%, and in 2019 – at 4%.

The International Monetary Fund expects GDP growth of Ukraine in 2017 at 2%, in 2018 - at 3.2%, in 2019 – at 3.5%. The World Bank kept the forecast for the growth of the Ukrainian economy in 2017 by 2%, as predicted earlier.