The Ukrainian stock index PFTS, has grown nearly fourfold since 9th March last year, showing the best growth among the 93 stock indexes in the world, Bloomberg reports.
According to the agency, the PFTS index rose by 293% last year. Ukraine’s cooperation with the International Monetary Fund, the allocation of credit to support the Ukrainian economy hit by falling demand for exports such as steel, as well as the financial crisis in the banking sector – has greatly contributed to such growth.
The agency also noted that the provision by Governments of different countries of a total of 13 trillion. U.S. dollars to revive their economies contributed to the overall growth of the global stock markets.
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