Arab Today, arab today ukrainian pm outlines challenges for economy
Last Updated : GMT 15:59:42
Arab Today, arab today
Arab Today, arab today

Ukrainian PM outlines challenges for economy

Arab Today, arab today

Arab Today, arab today Ukrainian PM outlines challenges for economy

Kiev - XINHUA

Shortage of investment, high inflation and complication of economic cooperation with Russia are the major challenges for Ukraine's economy this year, Prime Minister Arseny Yatsenyuk said here Friday. "The economic forecasts for this year are disappointing given the double-digit inflation expectations and projected GDP fall of 3 percent," Yatsenyuk said at a meeting with local businessmen. The strains in economic relations with Russia, Ukraine's largest trading partner, will negatively affect the country's industrial production, Yatsenyuk said. He explained that Ukrainian enterprises may suffer economic damage due to the loss of Russian sales market and increased prices for natural gas. Unstable political and security situations also forced foreign investors to withdraw from the Ukrainian market, Yatsenyuk said, adding that the country's economy is appearing very vulnerable to outflows of funds. Political, economic and military elements led to a significant fall of local currency hryvnya, Yatsenyuk said. In early April, hryvnya slumped to its lowest level against the U.S. dollar since Ukraine's independence in 1991. To overcome the challenges and ensure fresh injection of funds into the economy, the government will step up efforts to help businesses and ensure collaboration with international lending organizations, Yatsenyuk promised

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ukrainian pm outlines challenges for economy Arab Today, arab today ukrainian pm outlines challenges for economy

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ukrainian pm outlines challenges for economy Arab Today, arab today ukrainian pm outlines challenges for economy

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday