KIEV, July 19 – The growth of real gross domestic product (GDP) in Ukraine in 2010 may hit 3.3% and may further speed up to 4.5% in 2011, according to the results of a forecast by Moody's Investors Service that have been posted on the official Web site of the Ukrainian Finance Ministry.
According to the forecasts, the economy's export sector, being driven by the revival of the global economy, will become the generator of the real GDP growth.
Moody's expects that GDP in 2010 will grow by over 3%, mainly due to in increase in net exports, according to the forecasts. In Moody's opinion, the recent agreement between Ukraine and the International Monetary Fund (IMF) was conducive to an improvement in the investment climate in the country.
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