You're reading: Regions Party promises annual economic growth in Ukraine at minimum of 5%

The Party of Regions has promised to ensure the growth of Ukraine's GDP at the minimum of 5% a year.

The party made this pledge in its election program, which was handed
over to journalists at the party’s 14th Congress in Kyiv on Monday, July 30.

In addition, the party said it would strive to ensure the stability of the national currency.

According to the program, these goals will be achieved through the
gradual reduction of corporate income tax to 16% in 2014, the
introduction of tax holidays for IT and innovation projects for ten
years, providing affordable bank loans to domestic producers.