IMF improves forecast for Ukraine’s economic growth

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Open source

The International Monetary Fund (IMF) has improved the forecast for economic growth in Ukraine, according to the IMF World Economic Outlook.

Ukrainian economy is expected to grow in 2019 by 3% from  2.7% previously forecasted. The growth of gross domestic product (GDP) in Ukraine in 2020 expected to be 3%.

According to the forecast, inflation in 2019 in Ukraine will be 8.7%, and in 2020 it will drop to 5.9%. Unemployment in Ukraine will drop to 8.7% in 2019 and 8.2% in 2020.

The IMF’s Global Economic Outlook is published by the Fund twice a year. This document clarifies the latest forecasts for economic growth both globally and by region and individual country.

As The Journalist reported, NBU officials leaves for IMF, World Bank meetings in Washington.

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