KYIV, April 20 – The Kyiv School of Economics (KSE) expects Ukraine's GDP to grow by 4.7% in 2021, and by 2.7% and 3.7% in the next two years, respectively, Head of the KSE Center of Macroeconomic Modeling Yuriy Sholomytsky said.

"According to our baseline estimates, GDP will grow by 4.7% in 2021. A month and a half ago we had a higher forecast of 5.1%, but we revised our estimate due to the impact of quarantine, worsening conditions for exports and higher import prices," he said during the presentation of the forecast on Tuesday.