In Ukraine recorded a steady development of the economy

last year the government was able to stabilize the Ukrainian economy after two years of decline, to ensure its recovery and growth acceleration . But growth is not an end in itself. Due to the economic growth increased revenues to the state budget that for the first time in the last few years has allowed the government to significantly increase social standards. Commenting on this, the Chairman of the Vinnytsia regional state administration Valery Cow said 5 facts that attest to the resumption of sustainable economic growth. According to him, by 4.7% according to preliminary estimates, GDP grew in the IV quarter of 2016 to the first half by 2% compared to the same period of 2015. "6% according to the results of 2016 increased the number of newly established enterprises. Reduction of shadow economy and increase the number of new business entities is indicative of a return of business confidence in the state. 50% in the past year increased local budgets. This year is expected to increase by another 25%, which gives a financial resource for strengthening local communities and further deregulation," - emphasizes Valery Cow. Also, 16.4% - increased in 9 months of 2016, the volume of drawn capital investment compared with a decrease of 6% in the first 9 months of 2015. From 40% to 35% of GDP - decreased the shadow economy by the results of January-September of last year, which is the lowest value over all years of observation. Thus achieving economy transformirovalsya in social standards. 9% for 2016 increased real wages. Starting in may of 2016 she began to grow for the first time in the last 2 years. 23.5% - up to 5 183 UAH in the last year increased average monthly nominal wages of regular employees. 20.3% - up to 3 769 hryvnia has increased in the past year, the average salary of teachers. 20.2% – up to 3 400 hryvnias grew last year the average salary of health workers. 16.1% increased the size of the subsistence minimum in 2016 against approved of 12.5%. This was reported in the Vinnytsia regional state administration

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Source: http://uzinform.com.ua/

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