OREANDA-NEWS.  January 12, 2012. In 2011 the government reached a record low inflation - 4.6%, and highest among the CIS countries real wage growth - 8.5%. The Prime Minister Mykola Azarov said this during the first session of the Government in 2012 year.

"Prudent fiscal policy and monetary policy of the Government and the National Bank allowed keeping inflation at record low levels over the past decade - 4.6%, while for 8.5% real wages in Ukraine were increased. It is, incidentally, the largest index among the CIS countries" Mykola Azarov stressed.

But he said that contrary to sceptical forecasts in 2011 year according to plans of the Government, gross domestic product grew by almost 5%.

"Last year the Government managed to create a good foundation for the intensive development of the country" - the Prime Minister said.