IMF forecasts reduction of Ukraine’s GDP to minus 6.5%

Tuesday, October 7, 2014 - 17:33 (EEST) Section: Latest news

The International Monetary Fund forecasts reduction of Ukraine’s GDP to minus 6.5% in 2014.
This is said in the IMF World Economic Outlook, made public by the Fund on Tuesday, a special correspondent of Ukrinform reports.
According to forecasts for 2015, it is expected that Ukraine’s GDP will demonstrate a positive dynamics at the level of 1%.
At the same time, the IMF experts forecast growth of consumer prices in the country by 11.4% in 2014 to 14% in 2015. The balance of payments index of Ukraine will remain at the level of minus 2.5% for this and next year.
In addition, the unemployment level in Ukraine in 2014 is expected at the level of 10%, however, in 2015 it will drop to 9.8%.