Ukrainian PM urges joint efforts to speed up economic growth

09:25, 10 July 2013
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Ukrainian Prime Minister Mykola Azarov called Tuesday for joint efforts from state agencies, local governments and business community to speed up the country's economic growth, according to Xinhua.

"We should do our best to realize all the major goals set in the state program of economic development for 2013-2014," Azarov told a meeting on economic issues at Livadia Palace in the Black Sea resort of Yalta.

In order to achieve a proper level of economic growth, Ukraine should create a stable investment environment, Azarov said, adding the country's enterprises need to become more innovative to boost their competitiveness in the global market.

Azarov also emphasized the importance of energy efficiency and infrastructure improvement for sustainable development.

The 2013-2014 economic development program was approved in February this year.

The government's official outlook has projected gross domestic product (GDP) growth for 2013 at 2.5 to 3.4 percent. Last year, GDP rose 0.2 percent to 175 billion U.S. dollars.

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