IMF: in 2016, Ukraine’s GDP to grow by 1.5 percent
The country’s economy enjoys growing trust of investors, the Fund’s representatives say
The International Monetary Fund expects that this year, Ukraine’s GDP will grow by 1.5 percent. According to their forecasts, Ukraine’s economy is largely supported by growing interest and trust of foreign investors, which creates favorable conditions for GDP growth in the country. That, in turn, will lead to growth of actual revenues of common citizens and improve conditions of Ukraine’s debt financing.
According to IMF forecasts, in 2016, the GDP growth is expected at the rate of 1.5 percent, in 2017 – 2.5 percent. The Fund expects that the consumer prices in Ukraine will grow by 15.1 percent by the end of the year; in 2017, the rate of growth is expected at the level of 11 percent.
The unemployment rate, according to the IMF forecasts, will decrease: in late 2015, it made 9.5 percent, and by the end of 2016, it is expected at the rate of 9.2 percent. In 2017, the unemployment rate is expected to fall to 8.8 percent.
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