The NBU has determined the economic forecasts for the next three years

The Board of the National Bank of Ukraine approved the main principles of monetary policy for the year 2018 and the medium term. The document provides for the growth of the economy of the state and lower inflation.

In particular, in 2018 GDP is expected to grow by 3%, and in 2019 – 4%.

Forecasts of inflation are: December 2018 – 6% with an acceptable deviation band of plus/minus 2%; Dec 2019 – 5% with a permissible deviation band of plus/minus 1%; the Dec 2020 and further 5% with a permissible deviation band of plus/minus 1%.

The Board of the National Bank of Ukraine approved the Main principles of monetary policy for the year 2018 and the medium-term prospect…

Published by Bohdan Danylyshyn 18 Sep 2017

Meanwhile, the Verkhovna Rada made public the draft state budget for 2018, which also provided economic growth at 3%.

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