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GISMETEO.RU
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Business    

Foreign demand decline in may cut industrial growth, says official
Journal Staff Report

KIEV, Oct. 29 – The forecast sharp 40% decline of foreign demand for Ukrainian products in 2009 might provoke the same sharp decline of rates of industrial production growth to almost zero, First Deputy head of Presidential Secretariat Oleksandr Shlapak said in Parliament while presenting the president's draft anti-crisis law.

"We expect zero or 2-3% growth rates for industrial production," he said.

According to him, even now, three quarters of facilities of Ukrainian metallurgy has been stopped and 100,000 builders face the threat of being dismissed.




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