Ukraine enters era of economic growth

Source: Xinhua | 2018-11-02

Ukrainian President Petro Poroshenko said on Wednesday that his country is entering an era of economic growth.

"As the result of tough and difficult anti-crisis measures, Ukraine is entering a long period of economic growth," Poroshenko said at a meeting with local and foreign businessmen.

The Ukrainian economy sank into recession in the first quarter of 2014 and suffered a consolidated decline of 16.5 percent in 2014-2015.

The country's gross domestic product rose 2.5 percent in 2017, after growing 2.3 percent in 2016.