Ukraine's cabinet on Wednesday projected the country's economy to grow 3.4 percent next year to reach 197 billion U.S. dollars.
First Deputy Economic Development and Trade Minister Anatoly Maksiuta told reporters that the forecast has been approved by the government, which also estimated that the inflation would be 4.8 percent in 2013.
The government maintained its forecast for this year's growth at 3.9 percent and inflation at 7.9 percent.
Ukraine's GDP grew 2 percent year-on-year in the first quarter of 2012 and 3 percent in the second quarter. In the third-quarter, the country saw weak economic performance, with GDP shrinking 1.3 percent.