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GISMETEO.RU
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Business    

Real GDP growth to slow next year, to 6.5%, according to Fitch
Journal Staff Report

KIEV, Nov. 28 - Real GDP in Ukraine will grow 7% this year and 6.5% in 2008, the Fitch rating agency forecasts.

Positive factors influencing the situation in Ukraine include strong economic growth, a low state debt and rapidly growing reserves, according to materials presented Tuesday at a conference in Kiev organized by Fitch.

Risks for the country's economy include relatively high inflation, a weak but rapidly growing banking sector, and the rapid growth of foreign borrowing, Fitch said.




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