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Ukraine’s economy to accelerate growth to 3.3% in 2020
Journal Staff Report

KYIV, May 16 – Growth of Ukraine's real GDP in 2020 would accelerate to 3.3%, in 2021 – to 3.8%, in 2022 – to 4.1% with the gradual decline in inflation to 6%, 5.7% and 5.3% respectively, according to the forecast of social and economic development of Ukraine for 2020-2022 approved by the government at a Wednesday meeting.

"The scenario presented in the forecast provides for two options of macroeconomic indicators for 2020-2022, which differ in the level of intensity of increasing social standards, which in turn will determine the pace of the main macroeconomic indicators of the Ukrainian economy for the forecast period," the Ministry of Economic Development and Trade, which developed the document, said in a press release.




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