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26.15 26.46
29.05 29.7
Economy 2019-03-15T05:22:09+02:00
Ukrainian news
Cabinet Worsens 2017 GDP Growth Outlook From 3% To 1.8%, Inflation From 8.1% To 11.28%

Cabinet Worsens 2017 GDP Growth Outlook From 3% To 1.8%, Inflation From 8.1% To 11.28%

The Cabinet of Ministers of Ukraine has worsened its outlook for the gross domestic product growth from 3% to 1.8% and the outlook for inflation from 8.1% to 11.2% for 2017.

Respective decision was taken at the Wednesday meeting of the Ukrainian Government, Ukrainian News Agency reports.

The Cabinet revised the nominal GDP outlook from UAH 2,584.9 billion to UAH 2,845.8 billion.

It is expected that average annual inflation will make 12.9% instead of earlier predicted 12.7%.

Besides, the Cabinet of Ministers worsened the outlook for trade deficit from USD 2.7 billion to USD 6.5 billion.

Goods and services exports outlook in 2017 will make USD 50.7 billion and imports outlook - USD 57.2 billion.

Besides, the Cabinet of Ministers of Ukraine decided to raise the outlook for the payroll budget and for cash security of military men from UAH 666.9 billion to UAH 796.3 billion.

As Ukrainian News Agency earlier reported, the NBU expects the GDP growth of 1.9% at the inflation of 9.1% in 2017.

Больше новостей о: Cabinet of Ministers GDP inflation outlook

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