September 2, 2019 / 11:31 AM / 19 days ago

Ukraine PM targets economic growth of 5% next year

Newly-appointed Ukrainian Prime Minister Oleksiy Honcharuk attends a meeting at Presidential Administration headquarters in Kiev, Ukraine September 2, 2019. REUTERS/Valentyn Ogirenko

KIEV (Reuters) - Ukraine’s government will target economic growth of 5% next year and at least 7% in each of the following years, the newly appointed Prime Minister Oleksiy Honcharuk said at a televised government meeting on Monday.

The economy grew by 3.3% last year and Honcharuk’s predecessor, who was voted out of office in an election in July, had forecast growth of around 3% this year.

“The main priority for the government is economic growth. Economic growth is the answer to most of the problems that the state has,” Honcharuk said.

Reporting by Natalia Zinets; writing by Matthias Williams; Editing by Toby Chopra

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