KIEV, Sept. 11 – President Petro Poroshenko expects the Ukrainian economy to start recovering in 2016.

"I expect that we will be able to show GDP growth in 2016," he said at the 12th Annual Meeting of the Yalta European Strategy (YES) in Kiev on Friday.

Poroshenko said that Ukraine has managed to considerably cut inflation, stabilize the financial and banking systems, and has implemented budgetary discipline.