KIEV, June 2 – The International Monetary Fund worsened its Ukraine economic forecast, predicting a 9% GDP decline for 2015.

The World Economic Outlook published in the middle of April 2015 by meetings of the International Monetary Fund and the World Bank, Ukraine's GDP decline in 2015 was projected at 5.5%. In 2016, it was forecast Ukraine would see a 2% increase in its GDP.

The IMF said that the unresolved conflict in the East took a heavier than expected toll on the economy in the first quarter of 2015. The IMF mission revised down growth projections for 2015 to 9%.