EBRD worsens forecast for Ukraine's economic growth for 2019
Ukrinform
The European Bank for Reconstruction and Development (EBRD) has worsened its forecast for Ukraine's gross domestic product (GDP) growth to 2.5% from 3% in 2019.
"In Ukraine, a deceleration of growth in key trading partners and domestic political uncertainties due to twin elections are expected to cause a temporary slowdown in growth to 2.5% in 2019, from 3.3% in 2018," reads the statement on the EBRD’s website.
As reported, GDP in 2019 will grow by 2.5% according to the NBU’s forecasts, by 2.7% according to the IMF and the World Bank, and by 3.0% according to the Cabinet of Ministers.
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