IMF expects Ukraine's GDP to fall by 5% in 2014, grow by 2% in 2015:
"The International Monetary Fund expects the real GDP in Ukraine to contract by about 5% percent in 2014 amid weak investor and consumer confidence, however Ukraine's economic prospects will improve in the medium-term.
"Real GDP growth is expected to rebound to 2% in 2015, rising to 4%-4.5% in the medium term," the Fund said in the statement posted on its Web site.
According to the IMF forecast, the inflation is expected to spike temporarily in response to the exchange rate depreciation and gas and heating tariff increases, reaching 16% at end-2014."
'via Blog this'
No comments:
Post a Comment