The Ukrainian government is forecasting Gross Domestic Product (GDP) growth of 10% year-on-year for the first nine months of 2001, Prime Minister Anatoly Kinakh said last week during a cabinet meeting.

The country's economy had sustained strong growth, with industrial production rising 16.6% during the same period, Kinakh said. In fact, economic growth had been the fastest of any country in the Commonwealth of Independent States (CIS), Central and Eastern Europe, with inflation remaining steady at 3.7% and country’s showing an increase of 10.8% year-on-year in the first eight months of the year.

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