KYIV, July 12 – Ukraine’s economy will expand 3.2% in 2019 due to higher domestic demand, a faster growth than has been earlier projected, Dragon Capital investment bank said in a note.

Dragon Capital has previously forecast the economy to grow 2.5% in 2019.

According to the updated forecast, the external environment in the first half of the year was better for Ukraine than expected, in particular, because of the sharp favorable change in prices for iron ore and gas.