News
29.04.2010
Ukraine. Three economy sectors recovered from the crisis without a Budget
Industry, agriculture and transport sector registered economic growth in the first quarter of 2010 and are out of the recession now, reported Valery Lytvytsky, head of the National Bank advisory team. "The growth process is predictable, the three sectors of the real economy are showing above-zero values now, said V. Lytvytsky. – During the three months of 2010, industry grew by 10.8%, agriculture by 5.3%, and the transport sector by 16%. These sectors account for 38% of the GDP. The overall economic situation is ambiguous, but positive trends do exist. And this is so in spite of the fact that in the first quarter of 2010 we there is no Budget, and no support from the IMF, or other international finance programs.” In addition, V. Lytvytsky noted that the growth of consumer prices slowed down to 0.9% in March, i.e. it was half as slow as in February, when it equaled 1.9%.
