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GISMETEO.RU
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Business    

BofA revises Ukraine’s growth forecast to 1.2% on year in 2020
Journal Staff Report

KYIV, March 13 – Analysts of BofA Securities, who in November 2019 predicted that the Ukrainian economy would grow by 3.5% this year, revised downwards their forecast to 1.2%, according to the materials released on March 11.

According to the materials, in 2021, a rebound of up to 4% is expected, which may compensate for the absence of payments on Value Recovery Instruments (VRI) following the results of this year.




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