Economy Minister Arseniy Yatsenyuk forecasts a record amount of foreign investment in Ukraine's economy by the end of 2005. He stated this on Wednesday, November 9, during an expanded Cabinet meeting with the participation of President Viktor Yushchenko, reports "Ukrainska Pravda". \n \n"In the matter of direct foreign investment, a breakthrough has occurred in recent months in connection with the transparent sale of assets. And according to Ministry of Economy forecasts, we will have a record – up to 7 billion dollars," said Yatsenyuk. \n \nYatsenyuk explained that this high amount of foreign investment "is explained by the sale of several banks and state-owned assets." \n \nAt the same time, the thesis about the growth of foreign investment was the only positive message during Yatsenyuk's 20-minute speech, who was the main speaker at the government meeting on the results of 9 months of economic performance. \n \nIn particular, according to the economy minister, the forecast levels of GDP and inflation most likely will not be achieved. \n \n"Unfortunately, our optimistic forecast of GDP growth of 4.5-5% will not be realized. However, we are convinced that we will grow GDP compared to the 9 months of 2005 by one percent," said the minister. \n \n"December-to-December inflation may be 11%, but to fulfill the instructions of the country's leadership, we will do everything to minimize this level and stay within a single-digit number," said Yatsenyuk. "But whether it will be 9.9 or 11% – this does not pose an economic threat. And one percent will not play much of a role," emphasized the minister.