Ukrainian President Petro Poroshenko has declared macrofinancial stabilization has been achieved in the country.

"I believe the main achievement is achievement of macrofinancial stabilization, without which progress would be impossible. This is a constant, gradual increase in foreign exchange reserves without participation of our partners, the International Monetary Fund or international financial institutions," Poroshenko said at a press conference in Kyiv.

According to the head of state, just today, on June 3, "we bought $10 million, the day before yesterday $60 million... Over the past two months the figure significantly exceeded $1 billion."

Poroshenko noted these figures clearly reflect guaranteed financial stabilization in the Ukrainian market.

"We already have the first result of this financial stability: it's agreements with the IMF and the approval by the parliament of the law scrapping taxation of pensions [...] Few results have been achieved so far," the president said.

"I am setting the government a task: we need to transition from survival policies to a development strategy policy [...] from the macrofinancial improvements we have now achieved to economic growth," he said.

In this regard, the president recalled Ukraine is looking to ensure a 1.1% GDP growth this year, with inflation not exceeding 12%.

"We already have positive [GDP] dynamics in the first quarter [...] We are optimistic about the future as it regards targeting the annual inflation level of 12%," Poroshenko said.

Poroshenko said achieving these goals will make it possible to achieve an 8% inflation level in 2017.