KIEV, June 30 – The National Bank of Ukraine has forecast a 9.5% GDP decline amid 48% inflation in 2015, while it projects a 3% GDP increase amid 12% inflation in 2016.

These macroeconomic indicators were approved by the NBU monetary police committee after meetings on June 24-25, the NBU reported on Friday.

The committee said that the economic growth could resume from Q3 (compared to the previous quarters), mainly thanks to net exports and loading of idle facilities.