Groysman expects Ukraine's economic breakthrough over next five years

Ukrainian Prime Minister Volodymyr Groysman says Ukraine is able to make an economic breakthrough over the next five years, thus improving its demographic dynamics.

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"How I see Ukraine in five years? I will answer simply: we are able to make an economic breakthrough and improve the development indicators in all areas of the country's activity during this period," the prime minister wrote on Facebook.

At the same time, the official stressed that the improvement of the demographic dynamics would be the result of real economic growth rather than the statistical indicators.

"The result of our work will not be statistical figures, but changes in demographic dynamics. I wish our compatriots could see in five years the prospects in study, work, self-realization, and the birth of children in their homeland, not abroad. We are working for this now," Groysman wrote.

Read alsoPM Groysman expects slowdown in inflation in Ukraine in 2018 As UNIAN reported earlier, Ukrainian Prime Minister Groysman predicts that the country's economic growth may go beyond the 3% forecast to 5%-7% in 2019.

Ukraine's Cabinet of Ministers reviewed the forecast of GDP growth in Ukraine in 2017 downwards to 1.8% from 3%. The country's GDP is expected to grow by 1.9% in 2017, by 3% in 2018, and by 4% in 2019, according to Ukraine's National Bank estimates.

The International Monetary Fund forecasts the country's GDP will grow by 2% in 2017, by 3.2% in 2018, and by 3.5% in 2019. The World Bank has retained a 2% economic growth forecast for Ukraine in 2017.

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