First Deputy Prime Minister of Ukraine, Minister of Economic Development and Trade Stepan Kubiv says the escalation of hostilities in eastern Ukraine poses a major threat to the country's economic growth next year, which is projected at 3%.
"The main threat, the danger for economic growth next year, is military escalation in the east [of Ukraine]... Ukrainian soldiers are killed every day, while increased hostilities could hamper economic recovery," Kubiv said at a press conference in Kyiv on November 30.
As UNIAN reported earlier, Deputy Director of the Ukrainian Finance Ministry's budget planning department Mykhailo Bosak says indicators of the government-drafted national budget for 2018, which has passed its first reading in parliament, are in line with the benchmarks of the International Monetary Fund's Extended Fund Facility (EFF) program.
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