IMF forecasts 3% GDP growth in Ukraine in 2019-2020

The International Monetary Fund (IMF) has forecast that Ukraine's real gross domestic product (GDP) will grow by 3% in 2019-2020, according to an IMF report for November 2019 titled "Regional Economic Outlook: Europe."

According to the IMF forecast, the growth of Ukraine's real domestic product will reach 3% both this year and next year.

However, in 2021, Ukraine's GDP growth will slightly accelerate to 3.1%.

Ukraine's Minister of Development of Economic Development, Trade and Agriculture Tymofiy Mylovanov said earlier that Ukraine's economy is expected to grow by 3.5-3.7% next year.

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