PM Groysman names conditions for faster pace of Ukraine's economy growth

"A 3% growth is more than UAH 400 billion more than this year; this is tens of thousands of jobs... These figures are not a ceiling, we can increase them if correct systemic reforms and changes are introduced," he said.

The prime minister has noted that the government's task is to develop the national economy so that Ukraine needs no external borrowing.

"We can now ensure the qualitative growth of the Ukrainian economy, even more than 3%, which we are planning for next year," he said.

Read alsoReuters: Ukraine to look at its GDP-linked bonds – finance ministerAs UNIAN reported earlier, Groysman expects that the parliament together with the president will pass "motivating" laws this autumn that will double the economy growth.

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%.

Read alsoDanyliuk sums up outcome of talks with IMF, World BankThe 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.