Ukraine to give up tough monetary policy in 2013, Azarov tells foreign investors
Ukraine will give up its tough monetary policy in 2013, Ukrainian Prime Minister Mykola Azarov has said.
"We are certainly unhappy about deflation. We will take a number of measures that will allow us to give up our tough monetary policy and pass to moderate inflation resulting from normal economic development," he said at a meeting with foreign investors in Kyiv on Friday.
The PM said that Ukraine ended 2012 with slight but positive GDP growth. The country's government expects to see 3% GDP growth in 2013.
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