Finance ministry predicts resumption of economic growth in Ukraine in 2016

13:24, 04.12.2014 1 min read

The newly appointed ministers of economic and financial blocks of the government promise not to delay the implementation of the required reforms and resume economic growth in Ukraine by 2016.

"By 2016 we'll try to restore economic growth of the country," Finance Minister of Ukraine Natalie Jaresko said at a briefing in Kyiv on Wednesday.

She said that the Finance Ministry expressed hope that the parliament will pass the national budget for 2015 in December 2014.

She said that the national budget will be based on the reform of the taxation system in Ukraine.

In turn, Economic Development and Trade Minister of Ukraine Aivaras Abromavicius said that no one will delay the reforms and one year for the implementation of is a too long period.

"We’ve come from business and we won’t stand that the realization of the reforms is delayed without grounds. We have the action plan in heads and we're ready to show some changes very quickly," he said.