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The head of the NBU said about the highest in seven years, the growth of Ukraine’s GDP

Глава НБУ заявил о наивысшем за семь лет росте ВВП Украины

The head of the National Bank of Ukraine (NBU) Yakov Smoliy said that the country’s GDP growth for the first nine months amounted to 3.8%, which, according to him, is the best indicator for the last seven years.

“GDP growth for the first 9 months of 3.8%. Our forecast for the end of 2018 is 3.4%. This is the best indicator for the last 7 years. We also managed to reduce inflation to 9.8% – the best indicator for the last 5 years”, — quotes Interfax-Ukraine Smoliy.

He said that foreign exchange reserves of the NBU increased to $20.8 billion — the highest figure since the end of 2013.

Resin also said that the second half of the year the hryvnia exchange rate for 2018 has strengthened by 1.4%.

Earlier, Prime Minister of Ukraine Vladimir Groisman declared their intention to achieve GDP growth at 3% in 2019.

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