Ukrainian Politics, Economics

 GDP growth by three percent, more than eight percent inflation rate, and 27.2 hryvnia for USD, - Finance Ministry dwells on draft budget resolution-2017

The draft budget resolution for 2017, developed by the Ministry of Finance of Ukraine, envisages GDP growth by 3 percent with an inflation rate of 8.1 percent and the exchange rate of 27.2 hryvnia to one US Dollar.

Finance Minister Oleksandr Danyliuk said at a briefing, Censor.NET informs citing Ukrainski Novyny.

"Actual GDP will be 103 percent, the Nominal GDP - 2,584 trillion hryvnia, inflation rate - 8.1 percent, the exchange rate - 27.2 hryvnia to one US Dollar," he said.

The minister noted that the mentioned draft budget resolution did not differ much from the one submitted this March.

Read more: Ukraine's GDP plunges by 1.2 percent in Q4 2015, - State Statistics Service

"One should not confuse forecast figures for three years with a resolution for a three-year period. These are two different things. The one that is submitted now is the budget resolution, which is in line with our laws and not very much different from the one that was introduced in March," Interfax -Ukraine quoted Danyliuk as saying.

As explained by Danyliuk, the document will be discussed by the governmental committee on Friday, June 10.Источник: https://en.censor.net.ua/n392404