Poroshenko: War is no longer an excuse for the crisis

Порошенко: Война больше не оправдание для кризиса

To justify the economic crisis, the war no longer, said Poroshenko

It is time to end the economic crisis and move to growth, the President said.

President Petro Poroshenko said that the war can no longer be an excuse of the economic crisis in the country. He stated this during his speech before the administrative-economic representatives of the Kherson oblast, reports UNIAN.

“War is no longer a excuse that we have a crisis in the economy”, – said the President.

According to Poroshenko, all reforms should be continued by the new government and needs to be sent to Ukraine, the entities received an adequate level of protection.

“Expected message about the growth of industrial production and GDP growth. It is time to end the economic crisis and move to growth”, – said Poroshenko.

Note, the national Bank forecasts GDP growth in 2016 at 1.1%. Moreover, the financial regulator estimates that the first quarter announced a slight increase in GDP.

The IMF has lowered its forecast for the economy of Ukraine