KIEV, April 17 – The International Center for Policy Studies (ICPS) announced it has improved its forecast for GDP growth in Ukraine in 2008 from 6.5% to 6.7%, but downgraded its inflation forecast from 10% to 19.5%.

"We foresee that real GDP will grow by 6.7%, 6.6% and 5.9% in 2008-2010 respectively... The Consumer Price Index will grow by 19.5%, 12% and 10% in 2008-2010 respectively," reads the release.