The indicators of the Ukrainian economy's development in 2011 could reach the pre-crisis level, Ukrainian Premier Mykola Azarov said opening a cabinet meeting in Kyiv on Wednesday.

"Recent results of socio-economic development of Ukraine allows us to hope that next year we will completely restore the economy that has suffered serious blows due to the global crisis and poor policy of predecessors," the Head of the Government stressed.

According to Mykola Azarov, "the fact is that the Government is overcoming numerous challenges quietly, without fuss." Moreover,Azarov said, the Government is stabilizing the financial situation in the country, consistently, day in day is paying debts of predecessors, conducting a balanced budget policy.

According to the PM, the objective evidence of this fact is that international credit rating agencies recently and repeatedly increased Ukraine's sovereign rating. "That means that the Government could restore the investor confidence. Prudent, stable policy, of course, is boosting the economy growth, which according the results of the first half of the year made 6%," noted Mykola Azarov.

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