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Ukraine's GDP growth tops 5% in January-October 2011 - premier

November 08, 2011, 23:27 UTC+3
This is a sign of Ukraine’s recovery from a profound crisis, Azarov said
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KIEV, November 8 (Itar-Tass) —— Ukraine’s GDP grew by 5.3% in January-October 2011, the office of Ukrainian Prime Minister Nikolai Azarov said on Tuesday.

“Industrial production enlarged by 9%, while GDP grew by 5.3% in the first ten months of the year. That is a rather good indicator,” he said at a special session of the Crimean parliament.

This is a sign of Ukraine’s recovery from a profound crisis, Azarov said.

The draft state budget for next year is based on the GDP growth forecast of 5%, he said. “We hope that our GDP will grow by approximately 5% and we will finally regain the level of 2007,” he said.

 

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