Government adopted macroeconomic forecast for state budget-2008

The Cabinet of Ministers of Ukraine has adopted the macroeconomic forecast, which will become the basis for forming the state budget-2008.

According to an UNIAN correspondent, Top Deputy Prime Minister of Ukraine, Finance Minister Mykola Azarov claimed this to a press conference today.

M.Azarov announced that Ukraine’s GDP growth rate will amount to 7.2 percent in 2008. Ukraine`s nominal GDP will make $160bn. The inflation is projected to be 6.8 %. Meanwhile, the country`s trade deficit is estimated to decrease to $3bn. Ukraine forecasts its exports and imports to grow 20.4 percent and 15.5 percent, respectively.