KYIV, Oct 22 – A conservative estimate by the Ministry of Economic Development, Trade and Agriculture envisages a 3.7% GDP growth in 2020, while under an optimistic scenario - 4.8% growth, Deputy Minister Serhiy Nikolaichuk has said following the preparation of an updated macroeconomic forecast.

"Next year, we expect growth to accelerate to 3.7%," he said during a press briefing.

The minister noted that the updated macroeconomic forecast would be published after it is approved at a government meeting.