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World Bank lowers Ukraine growth forecast to 3.3% in 2018
Journal Staff Report

KYIV, Oct 4 The World Bank has lowered its forecast for growth of Ukraine's gross domestic product (GDP) in 2018 to 3.3% from 3.5%, Lead Economist and Program Leader covering Belarus, Moldova and Ukraine at the World Bank Faruk Khan said in Kyiv on Thursday.

He said that in 2019, the World Bank expects that GDP would grow by 3.5%.

At the same time, if agreements with the International Monetary Fund are not reached, economic growth may fall to 2%, Khan said during the presentation of the new economic review and macroeconomic forecast for Ukraine from the World Bank.




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