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Nation    

Ukraine’s GDP will fall 10% this year, according to NBU advisor
Journal Staff Report

KIEV, Aug. 18 – Ukraine's GDP over 2009 might fall by over 10%, Valeriy Lytvytsky, the head of the group of advisers to the National Bank of Ukraine governor, says.

"This is my timid hypothesis that the fall will total 10%," Lytvytsky said on Tuesday.

"The 2009 fall will be measured with a double figure, but it will not exceed the historic maximum figure in 1994 when the indicator was 22.9%," Lytvytsky said.




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