KIEV, June 23 – The pace of the Ukrainian economy in May was better than in April, although a new recession is continuing, and price stability has to be restored to reduce recession risks and reforms for attracting investments should be stirred up, said Valeriy Lytvytsky advisor to the NBU governor.

"Stenosis (an abnormal narrowing of a passage) of internal demand is becoming stronger under pressure of fibrillation of the exchange rate and returning of high inflation. This strengthens risks of a deepening in the decline in the economy outside the budget guiding points," he told Interfax-Ukraine.