Ukrainian PM expecting GDP growth of 3% in 2013

12:41, 23.11.2012 1 min read

The Ukrainian government is finishing consultations with the International Monetary Fund (IMF) on determining macro indices for 2013, and is expecting GDP growth of around 3% in 2013, Ukrainian Premier Mykola Azarov has said.

"We hope to see [GDP] growth of around 3%," he said during a visit to Interfax-Ukraine on Friday.

"It may be higher under an optimistic scenario. If the situation on the world markets does not improve and remains unchanged, it will be a bit lower – at some 2.4-2.5%," he said.

In particular, Azarov said that one of optimistic factors related to external demand is the recent congress of the Communist Party of China, which decided to speed up that country's tempo of economic development.

"We hope that next year will be more promising," the premier said.