The national Bank of Ukraine said about the economic bottom
The head of the National Bank of Ukraine Valeria Gontareva has recognized that the economy of her country had reached its bottom.

The head of the National Bank of Ukraine Valeria Gontareva has recognized that the economy of her country had reached its bottom.
"It is necessary to take into account that now the economy of our country has reached rock bottom, but starting from the second quarter of 2015 we expect a gradual recovery in economic activity, in the 1st place because of the positive contribution of net exports and the use of production capacity. Some recovery in consumer and investment demand is expected to commence in the 2nd quarter of 2015 ", - told in the regulator, reports UNN.
the national Bank Also emphasize that due to statistical base effect, real GDP is forecast to fall by 7, 5% yoy in 2015. Also, the regulator expects the resumption of economic improve in 2016 on 3, 0%. For 2015-2016, the economy will operate below its potential level, will remain an insignificant lack of current accounts in 2015-2016. Financial account surplus in 2015-2016 will be achieved at the expense of significant amounts of official external payment and the expected conversion of the sovereign and quasi-sovereign redemptions." together with the IMF financing is required to help rebuild international reserves of up to 18 billion dollars, which covers more than three months of future imports, " the report says. First international monetary Fund has said that it wants to contribute to the completion of Ukraine's negotiations with creditors to restructure part of the debt. For his part, the Minister of Finance of Ukraine Natalie Jaresko said that Kyiv is expected in may to obtain the consent of creditors for the restructuring of the external debt to the IMF mission's visit. However, on April 9, stating that the Committee of private creditors, consisting of five largest holders of bonds of Ukraine worth $ 10 billion, will speak against the write-off of principal. Remember, the Bank faces default. The only way out of this situation - the consent of the holders of Eurobonds for the sum of 750 million dollars to extend the period of redemption of these securities. At the end of March Jaresko said that the West must provide Ukraine with additional financial assistance except for a package of 40 billion dollars, because the country is bankrupt will cost more." I firmly believe that "seven" and, frankly, Also the "Group of twenty" at the present time have a responsibility to provide monetary assistance to Ukraine on a larger scale, " - said Jaresko.