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«AgroInvest» — News — Ukraine. For the last 9 months foreign trade balance of agricultural production has increased by almost 64%

Ukraine. For the last 9 months foreign trade balance of agricultural production has increased by almost 64%

2012-12-11 15:15:52

During last years the Agriculture has become the main branch in the State economy. Due to reforms implementation it has been possible to raise indexes in many sectors. According to 2012 figures the production of agricultural gross output may be UAH 222.2 milliard. And the budget income may be UAH 42.2 milliard. This was announced at the annual final press conference by Mykola Prysyazhnyuk, the Minister of the Agrarian Policy and Food of Ukraine.

Taking into consideration the world situation, it is not an overstatement to say that the agriculture is the main branch in the State economy. This is really an engine of domestic economy. Undeniable fact is that agriculture increases the GDP, enriches the State Budget and positively influences the external accounts”, the Minister said.

The Minister has emphasized that the adopted reforms had given the base and powerful impetus to agricultural industry development.

“During 2012 and previous years the Ministry of the Agrarian Policy and Food of Ukraine has gradually implemented reforms provided by the Economic Reforms Programme of the President of Ukraine. And this has given its result. It is planned to receive UAH 222.2 milliard of the agricultural gross output. The mean annual rate in 2009-2011 was UAH 208.8 milliard. In comparison with these figures the increase is obvious”, Mykola Prysyazhnyuk informed.

The Minister has also mentioned that the agriculture continuous to enrich the State Budget and the incomes are bigger every year.
“According to 2012 figures it is planned to receive UAH 42.2 milliard. The mean annual rate in 2009-2011 was UAH 33.2 milliard”, the Minister said.

The minister has also emphasized that the agricultural production traditionally takes a considerable part in the export of Ukraine during last years. This is the only industry that has a positive balance of freeing trade.
“For the nine months of 2012 the foreign balance is 6.8 million US dollars. It has increased by almost 64% against last year. The external economic turnover is almost 18 milliard US dollars. This is 16% of Ukraine’s external economic turnover. This year we have the turnover almost 30% more against last year”, Mykola Prysyazhnyuk summed up.

 

 

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