KIEV, Aug. 18 ??“ Ukraine??™s gross domestic product can grow a little over 4% in 2005, the Institute of Economic Research and Policy Consulting believes.

"The Institute has revised the forecast for this and the following year downwards. According to our estimate, the GDP growth in 2005 will make a little over 4%, which is much lower than forecast. The previous forecast was about 7%," macroeconomic analyst of the Institute Veronyka Movchan told Interfax-Ukraine.