EBRD updated its forecast of growth of economy of Ukraine and outlined the main risks

EBRD updated its forecast of growth of economy of Ukraine and outlined the main risks

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At the end of this year, GDP should grow by 3%.

The economy of Ukraine during 2018 will grow by 3%. The same rate will be and by the end of 2019.

The updated forecast published by the European Bank for reconstruction and development, the largest investor in Ukraine. This writes UNIAN.

Significant risks for the growth of Ukraine’s GDP in the EBRD called the debt payments of the public sector in 2018-2020, as well as the elections of 2019. The Bank also drew attention to the fact that the renewal of cooperation of Ukraine with the International monetary Fund remains uncertain.

We will remind, the State statistics service has improved the assessment of growth of real GDP of Ukraine in 2017 to 2.5% from 2.2% on the operational assessments.

Inflation in Ukraine in March 2018 has slowed in annual terms to 13.2% from 14% in February.

In January, the national Bank improved the forecast of GDP growth of Ukraine in 2018, up 3.4%, but increased the inflation forecast for the end of the year to 8.9%.

The Ukrainian government expects economic growth this year at 3% when inflation is 9%, the international monetary Fund and the world Bank – GDP growth of around 3.5% with inflation of 10%.

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