PM Groysman projects Ukraine's economic growth at over 3% in 2018

"I am absolutely convinced that we will be able to achieve economic growth exceeding 3% next year," he told a Ukrainian TV channel.

According to the prime minister, the accelerated economic growth will not only create jobs and increase Ukrainians' incomes, but also stabilize the situation in the country.

Read alsoStabilization phase over, resources needed for Ukraine’s development – PM Groysman"This means more jobs for Ukrainians, more salaries, as well as stabilization in the country," he stressed.

As UNIAN reported, Groysman said earlier that the government planned to achieve economic growth surpassing 5% in 2018.

Ukraine's Cabinet of Ministers reviewed the forecast of GDP growth in Ukraine in 2017 downwards to 1.8% from 3%.

Ukraine's National Bank estimates that the country's GDP may grow by 1.9% in 2017, by 3% in 2018, and by 4% in 2019.

The International Monetary Fund forecasts the country's GDP may grow by 2% in 2017, by 3.2% in 2018, and by 3.5% in 2019.