Ukraine’s Economy Grows for 12 Consecutive Quarters

Ukraine's Cabinet of Ministers approved the financial report for the 2018 fiscal year. The report was presented by Ukraine's Prime Minister Volodymyr Groysman



Ukraine’s economy keeps on growing. In fact, it’s been growing for 12 consecutive quarters.

Prime Minister Volodymyr Groysman said that over the past year Ukraine received more than $53 billion from exports.

However, more should be done, Groysman said, speaking to the Cabinet of Ministers at a meeting where they approved 2018’s financial report.

“Only systematic steps can help overcome the chronic problems accumulated in the country. We have identified a plan of action. We have to move on it. This will enable people to feel changes,” Groysman said.

By Friday, the government plans to submit a financial report to the Supreme Council of Ukraine, Ukrinform reported.

Meanwhile, “The minimum wage in Ukraine amounted to UAH 10,573 ($390) in December 2018,” Groysman said.

The average salary in 2018 grew by 1.9 times, from UAH 4,686 ($173) to UAH 8,865, ($32).

Source UATV
date 13.02.2019
categories Economics
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