Economy Ministry expects Ukraine's GDP growth by 11% in Q2 2021

Economy Ministry expects Ukraine's GDP growth by 11% in Q2 2021

Ukrinform
The Ministry of Economic Development, Trade and Agriculture of Ukraine expects the country’s gross domestic product (GDP) to grow by 11% in the second quarter of 2021.

Minister of Economic Development, Trade and Agriculture Ihor Petrashko said this during the All-Ukrainian Forum "Ukraine 30. Coronavirus: Challenges and Responses" in Kyiv on February 9, an Ukrinform correspondent reports.

“We expect 11% growth in the second quarter,” Petrashko stressed.

As Ukrinform reported, the fall in Ukraine's GDP in 2020 was 4.2%. Ukraine's GDP declined by 1.3% in the first quarter of 2020 year-on-year, by 11.4% in the second quarter, and by 3.5% in the third quarter.

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