: :inin Kyiv (EET)

Economy Ministry forecasts 4% growth of Ukraine`s economy in 2017


Ministry of Economic Development and Trade predicts economic growth of Ukraine not less than 4% in 2017, First Deputy Minister of Economic Development and Trade Yuliya Kovaliv said during the Kyiv Economic Forum.
”We expect the growth of the Ukrainian economy this year, as well as a significant – three times – reduction of inflation, and in 2017 we expect the growth of the Ukrainian economy not less than 4%,” she said.
Kovaliv stressed that the key driver of growth of the Ukrainian economy were investments, mostly private.
As UNIAN reported earlier, the International Monetary Fund, Ukraine`s key creditor, has maintained its economic growth forecast for Ukraine in 2016 at 1.5% and inflation at 15.1%. The World Bank projects the Ukrainian economy will grow 1% and inflation will stay at 15%.
Moody`s international rating agency also said it expected a resumption of economic growth in Ukraine in 2016 and 2017 after a cumulative real GDP fall of about 15% in the last two years.

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