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Honcharuk expects 4 percent growth of GDP in 2020

Published Feb. 10, 2020 at 11:13 am

Ukrainian President Volodymyr Zelensky and Prime Minister Oleksii Honcharuk at the Meeting of the President of Ukraine with the leadership of the Ukrainian Parliament, the Verkhovna Rada, the Cabinet of Ministers and law enforcement authorities on Sept. 2, 2019.

Photo by Volodymyr Petrov

Ukrainian Prime Minister Oleksiy Honcharuk has said that he expects that Ukraine’s GDP would grow by 4% in 2020.

“… Speaking of numbers, we will have a slowdown in the fourth quarter, but objectively in 2020 we could reach 4% according to our estimates,” Honcharuk said in an interview with Ukrayinska Pravda ezine.

As reported, after his appointment late August, Honcharuk announced the goal of achieving GDP growth of 40% in five years: 5% in 2020, and 7% in the next four years.