IMF improves Ukraine’s economic growth forecast

IMF improves Ukraine’s economic growth forecast

Ukrinform
The International Monetary Fund expects Ukraine's GDP to grow at 3.0% in 2019.

This is stated in the World Economic Outlook report released on Tuesday.

Thus, according to the latest estimates of the IMF's experts, the real level of Ukraine's GDP is projected at 3.0% by the end of this year. In the April report, it was 2.7%.

The IMF has confirmed its forecast for Ukraine for 2020 at the level of 3.0%, which is in line with the estimates announced in April.

According to other data in the report, this year's consumer price index will reach 8.7 and decrease to 5.9 next year. The current account balance will remain negative, at the level of -2.8% in 2019 and -3.5% in 2020. The unemployment rate in Ukraine will fall from 9.0% (last year) to 8.7% in 2019 and 8.2% next year.

ol


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2019 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-