Ukrainians do not need to fear new wave of crisis – expert

The model of the Ukrainian economy has changed and became less susceptible to crises, so the Ukrainians do not have to fear a next wave of financial turmoil.

As the Anti-Crisis Research Center President, Yaroslav Zhalylo, noted, Ukraine has also reduced dependence on external borrowings and balanced her foreign trade deficit.

According to the expert, it is necessary to continue restoring domestic demand, regulate the financial market and have a direct impact on the price situation in the country.

As reported, in 2010, Ukraine achieved positive GDP growth (+4.2%), which was preceded by a 15% drop in 2009.

According to estimates of the National Bank, in February 2011, real GDP grew by 7% in annual terms, having accelerated compared to the January estimate of 5.1-6%.

Over the year, the government forecasts GDP growth at 4.5%.

At the same time, experts say that Ukraine has not yet reached the pre-crisis level of GDP, and most likely it will happen in 2012.

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