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                        THURSDAY, APRIL 25, 2024
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Nation    

IMF lowers Ukraine’s 2019 growth forecast to 2.7% vs. 3.3% originally projected
Journal Staff Report

KYIV, Oct 9 - The International Monetary Fund (IMF) in the October 2018 World Economic Outlook (WEO) lowered its estimate for the growth in Ukraine's gross domestic product (GDP) in 2019 to 2.7% from 3.3% projected in April.

In addition, the IMF worsened the forecast for GDP growth in 2020 to 3.4% from 4%, but improved this figure for 2018, to 3.5% from 3.2%.

The estimate of average annual inflation in 2018 was improved by 0.1 percentage points, to 10.9%, and in 2019 by 0.7 percentage points, to 7.3%.




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