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Economy 2020-05-15T06:47:09+03:00
Ukrainian news
IMF Retains Ukraine GDP Growth Forecast At 1.5% In 2016, 2.5% In 2017

IMF Retains Ukraine GDP Growth Forecast At 1.5% In 2016, 2.5% In 2017

IMF, Ukraine, GDP, forecast, CESEE

The International Monetary Fund (IMF) has retained the forecast of growth of Ukraine's GDP at 1.5% in 2016 and 2.5% in 2017.

Ukrainian News Agency learned this from the November issue of the IMF's Regional Economic Outlook on Central, Eastern, and Southeastern Europe (CESEE).

The IMF expects 13% inflation in Ukraine in 2016 and 8.5% in 2017; the current account balance will be negative: -1.5% and -2.1% of GDP respectively.

The IMF also predicts that Ukraine's total external debt will grow from 136.4% to 141.3% of GDP in 2016 (152.3% of GDP in the previous outlook) and fall to 136.3% of GDP in 2017 (140.3% of GDP in the previous outlook).

As Ukrainian News Agency earlier reported, the IMF has forecast that the National Bank international reserves will grow to USD 16.8 billion at end-2016.

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