According to the preliminary data of the State Statistics Committee the real GDP went up by 6% in April-June 2010 in comparison to the same period in 2009.

In comparison to the first quarter of 2010 the GDP went up by 3.9% with the consideration of the seasonal factor. In January-March 2010 the real GDP rose by 4.9% when compared to the same period in 2009 up to 218,125 million UAH. In 2008 the real GDP increase was 2.1% in comparison to the year of 2007.

“I am glad that our country is at last starting to recover from the crisis. Of course these are only first positive trends and it is not the time to relax, it’s important to survive this fall with the same pace. But I can say that there positive trends and we can feel this with our projects in the city: we have an opportunity to complete the construction of three metro stations, the Moskovsky bridge and the express tram will also be launched by the end of the year,” stressed Leonid Chernovetskiy.

He also said that Kiev has more than 30% of foreign investments, 40% of total imports, more than 12% of total Ukrainian exports of goods and services, and above 30% of total wholesale turnover in Ukraine.

“but all this does not give grounds to consider Kiev a global and economically developed city. It is considered that an economically developed city is to show a GDP of 10 thousand USD per capita. Before the crises the GDP in Kiev was 49.9 thousand UAH per capita. With the previous exchange rate it was almost the required minimal index. Today it accounts for less than 7 thousand USD, so the city at the moment needs to return its status of an economically developed city. This is our name and our image,” stressed Leonid Chernovetskiy.

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