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Ukraine’s 2009 GDP growth will slow on credit crunch, lawmaker says
Journal Staff Report

KIEV, Sept. 25 – Ukraine's government should cut its forecast for Ukraine's GDP growth for 2009, as the global financial crisis would not allow a previous forecast to materialize, a lawmaker said.

Stanyslav Arzhevitin, the first deputy head of the committee for finance and banking activities and a member of Our Ukraine People's Self-Defense, said the growth will probably be slower than 6%.

"The more expensive funds [on foreign markets] are, the less is GDP," he said Wednesday.




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