Ukraine's First Vice PM Kubiv names main threat to economic growth

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%.

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"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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