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Cabinet of ministers worsens macroeconomic forecast for current year
Journal Staff Report

KIEV, March 5 – The Cabinet of Ministers has worsened its macroeconomic forecast for 2015, expecting Ukraine's GDP fall to hit 11.9%.

The corresponding forecast was stipulated in government decree No. 76 of February 14, the text of which is available on the Cabinet website.

According to the document, three scenarios of the situation development are expected: the decline in GDP by 5.5%, 8.6% and 11.9% with inflation (December to December) being 26.7%, 38.1% and 42.8% respectively.




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