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Government growth forecast too optimistic, says former trade minister
Journal Staff Report

DAVOS, Jan. 25 – Growth of Ukraine's economy slowed down in 2012 to around 0.5% from 5.2% in 2011 and is unlikely to speed up significantly in 2013, according to MP Petro Poroshenko, former Economic Development and Trade Minister and ex-National Bank of Ukraine council chairman.

"Today we don't have reasons for being optimistic and expecting at least 2% economy growth [this year]," he told an Interfax-Ukraine reporter during events organized by the Victor Pinchuk Foundation within the World Economic Forum in Davos (Switzerland).




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