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Ukraine's economy to reach pre-crisis level in second quarter of 2013
22.11.2012 18:16 "Agro Perspectiva" (Kyiv) —
Ukraines economy will reach a pre-crisis level of 2008 in the second quarter of 2013, executive director of the International Fund of Blazer Oleh Ustenko said during the round table, ForUm correspondent reports.
He reminded that Ukraine suffered a lot from the global economic crisis. «The government tries to support economic growth by the domestic household consumption and real sector. This domestic consumption is stimulated not by loans, but real income and reinvested profits of companies. Thus, the government tries to restart the economy,» the economist said.
He confirmed that the results of this year show that foreign direct investment will reach 5 billion dollar. «This is very positive even in comparison with 6 billion received in 2011. But it is much less than the country would get in terms of the international distribution of investment resources. Last year the emerging markets received 300 billion dollar investments,» the expert noted.
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