KYIV, Aug 31 – Morgan Stanley has downgraded the estimate of Ukraine's GDP growth in 2021 to 3.4% compared to 4.5%, as previously expected, and predict a 4.2% GDP growth in 2022, according to the materials available to Interfax-Ukraine.

The analysts continue to project consistent growth in the third and fourth quarters of 2021, fueled by a better harvest, continued domestic recovery as COVID-19 restrictions are lifted, and further recovery in external demand.