Thursday, March 19, 2009

Tymoshenko announced that the growth of the Ukrainian economy.

The Ukrainian economy has stopped falling, and in some branches in February, an increase was recorded in relation to January 2009. This was said Ukrainian Prime Minister Yulia Tymoshenko, RIA News.
Tymoshenko reminded that the growth promproizvodstva in Ukraine in February 2009 relative to January was 5.4 percent. In this light industry showed an increase of 20 percent, and machinery increased production volumes to 21.8 percent.
"The figures show that started some positive trends. We can not say that the crisis ended, we can not say that started the rapid growth of the fundamental. We can say that the economy does not fall further, that she began to revive, - said Tymoshenko.
It should be noted that although promproizvodstvo in Ukraine in February 2009, actually rose by 5.4 percent compared with a month earlier, but compared to February 2008, the reduction rate was 31.6 percent. Recall that in Russia in February 2009 promproizvodstvo fell by 13.2 percent over the same period in 2008.
Ukraine's economy stronger than any other Eastern European countries affected by the global financial and economic crisis. In particular, production in the country's steel mills, in fact, the main industry of Ukraine has become unprofitable because of falling metal prices. According to the head of the panel of advisers chapter of National Bank of Ukraine Valery Litvitskogo, the country's GDP in January 2009 declined by about 20 percent by January 2008.
The International Monetary Fund agreed to give Ukraine a credit crisis in the amount of 16,5 billion dollars in early November 2008. Kiev has already received the first tranche of the loan in the amount of 4,5 billion dollars. In addition, Tymoshenko has requested a loan from Russia for 5 billion dollars. While in Moscow, did not decide whether to allocate these funds Kiev.

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