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                        FRIDAY, NOVEMBER 29, 2024
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Business    

Ukraine’s economic growth won’t restart before 2010, say experts
Journal Staff Report

KIEV, Nov. 25 – Ukraine's economic growth can restart no earlier than 2010, according to experts from the International Monetary Fund and World Bank.

According to a Dragon Capital Investment Company press release, which cites the participants of a phone conference organized by the company, IMF and World Bank experts are considering two scenarios of development for the macroeconomic situation in Ukraine.

According to the IMF forecast that was taken as the basis for its credit program for Ukraine, the development of the global recession in 2009 will cause a considerable worsening of trade conditions for Ukraine and a further cut in the share of loans in the private sector of the country.




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