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The level of export component of Ukraine's GDP exceeded the limit of economic security


The level of export component of GDP in the first two quarters of this year reached 53.4% ​​and exceeded the threshold limit external security of Ukraine.

It is said in prepared by the Accounting Chamber of the conclusions of the analysis and the examination of the draft law of Ukraine "On the State Budget of Ukraine for 2013".

In accordance with the methodology of calculating the level of economic security (Circular approved by the Ministry in 2007), is considered acceptable export component of GDP is more than 50%.

Given the above, as well as forecasts slowdown in global economic growth, particularly countries - major trade partners of Ukraine, the Accounting Chamber states that "planned next year growth of 3.4% is very optimistic and based primarily on a statistical effect of low base of comparison."

As UNIAN reported earlier, December 6, Verkhovna Rada of Ukraine adopted the Law "On the State Budget of Ukraine for 2013".

Budget approved with a deficit at the level of 50.43 billion USD (3.2% of GDP), income - UAH 361.5 billion, expenses - 411.9 billion USD, limiting the level of debt at December 31, 2013 - 483 billion, the possibility of state guarantees of 50 billion.

December 6th President of Ukraine Viktor Yanukovych does not rule out viewing figures budget for 2013 in the first quarter.

 

Written by: Юлия Бенцлер 1 2012.12.11