Economics Minister Volodymyr Makukha stated that due to the State Program of Economic and Social Development of Ukraine or 2007, the real GDP may be about 6.5%, fixed capital real increase – 11.9% and wages – 7.9%, the inflation will be at 7.55.

The State Program is a part of the Cabinet’s activity for 2007-2011 and its realisation must be the common basis for implementation of the short-termed reformed (ex. administrative, tax, regulatory, court and land reforms).

The Ukrainian Economic and Social Development State Program-2007 (the draft bill #2176) is currently under consideration of the Verkhovna Rada of Ukraine. Previously, scheduled term for its consideration (September 21) has been postponed as the MPs did not manage to examine the document.


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