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World Bank lowers inflation forecast, raises growth projection
Journal Staff Report

KIEV, July 3 - The World Bank has lowered its inflation forecast for Ukraine to 9.7% from 10.9% for 2007, Martin Raiser, World Bank chief economic advisor in Ukraine, said Tuesday.

The GDP growth forecast was raised to 6% from 5.5%, he said.

The World Bank has kept its GDP forecast at 5.5% for 2008 and at 5% for 2009, while it has adjusted its inflation forecast for 2008 to 9.6% from 9.4% and to 8.3% from 8.2% for 2009, he said.




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