KIEV, Sept. 22 – Ukraine's real GDP in 2015 will fall by 12% with inflation of 50.8% as of late 2015, according to the revised macroeconomic forecast published by the World Bank in its report on the Second Programmatic Financial Sector Development Policy Loan.

"We expect real GDP to decline by 12% in 2015, with a stronger contraction during the first half of the year, followed by a slowing decline during the second half of the year due to the low statistical base (given the deep decline during the second half of 2014)," the bank said in its report.