Ukraine’s new leaders will inherit a government with its finances in good shape, Prime Minister Groysman said Wednesday at a final meeting of his Cabinet. Since becoming Prime Minister on April 2016, he said the nation’s reserves have nearly doubled to $22 billion. The debt to GDP ratio has been cut by 20%. He transfers a Treasury with a hryvnia equivalent positive balance of $5.2 billion, almost 50% greater than three years ago. Inflation will end this year below 8%, and the average monthly salary should rise from $402 today to $540 next year. With gas prices dropping in Europe, he said: “We managed to force Naftogaz, starting in May, to lower the price of gas for the population by 25%.”
Ukraine’s new leaders will inherit a government with its finances in good shape
