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EBRD forecasts Ukraine's economic growth on level 3.3% in 2019

According to the European Bank for Reconstruction and Development (EBRD), Ukraine's growth rate is still modest
19:35, 6 November 2019

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The European Bank for Reconstruction and Development (EBRD) expects the economic growth of Ukraine on the level of 3.3% in 2019 and 3.5% in 2020. It is stated in the report on the official website of the bank

"The gross domestic product growth of the country is still 3.3% in 2019 as in the last year and will accelerate up to 3.5% in 2020," says the message.

Ukrainian economics is stable to the political factors but still has modest economic growth, as EBRD mentions.

Related: EBRD worsens Ukraine’s GDP growth forecast to 2.5% this year

Besides, the bank emphasizes the crucial importance of conclusion a new program with the International Monetary Fund for macroeconomic stability because Europe expects large payments from Ukraine in 2020-2021. 

As it was reported earlier, the European Bank for Reconstruction and Development (EBRD) would allocate 300 million euros for the development of Ukrainian regional roads. This was announced after the meeting between President of Ukraine Volodymyr Zelensky and EBRD Vice President Alain Pilloux at the RE: THINK Investment Forum.

Related: Ukraine’s MP to sign $300 million agreements with World Bank, EBRD in Brussels

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