The World Bank has worsened the prediction on the growth of the GDP of Ukraine in 2018 from 3,5% to 3,3%. Faruk Khan, the Lead Economist and Program Leader covering Belarus, Moldova and Ukraine claimed this as Interfax-Ukraine reported.
According to Khan, in 2019 the World Bank expects the GDP growth in Ukraine at the level of 3,5%.
"At the same time, if the agreements with the International Monetary Fund are not reached, the growth of the economy might decrease by 2%," he noted during the presentation of the new economic review and macro-economical prediction for Ukraine from the World Bank.
Earlier President of Ukraine Petro Poroshenko said at the international economic forum in Kharkiv that he expects growth of gross domestic product in 2018 to 4%.
Also, in 5 years, GDP per capita in Ukraine will grow by 1.5 times, analysts of the International Monetary Fund calculated. The growth of GDP, according to analysts, is possible due to the reform of legislation, the judiciary and the land market, as well as by bringing the production.