In 2021 Ukrainian economy will grow – the minister



In 2021 the economy of Ukraine will grow by almost 4%. And inflation will remain within the limits – up to 8%. This was announced on July 7, by First Vice Prime Minister – Minister of Economy Oleksiy Liubchenko at the “Ukraine 30. International Politics” forum, UA informs.

According to Liubchenko, the economy continues recovering from the coronavirus pandemic.

“We can speak about 4% economic growth in 2021. Inflation will remain within the predicted trends and will make up to 8%. Price and exchange rate stability will be maintained” – he said.

The minister also said that the development of exports and trade should be a priority. A new export strategy needs to be created.

In addition, Liubchenko added that one of the tasks that Ukraine should fulfill until 2030 is the structural modernization of the economy, which is based on innovations, technologies, and is adaptable to the needs of global and competitive challenges. Therefore, investments in fundamental science and human capital should become a driver movement for Ukraine in the coming years.

Answering the question of the correspondent of the DOM TV about the energy market and whether it was possible to restore the level of the coal mining industry after the occupation of a part of Donbas, Lyubchenko said:

“Within the framework of the global and European trend, which is called decarbonization, we have found green energy, renewable energy sources. The issue is also in the workplace. Miners need to be involved somewhere. Perhaps, to build tunnels under the Dnipro. Definitely necessary”– said the minister.


date 07.07.2021
categories Economics

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