IMF projects 2.5% GDP growth in Ukraine in 2017

The International Monetary Fund (IMF), Ukraine`s key lender, keeps its forecast of economic growth in Ukraine for 2017 at 2.5% amid 8.5% inflation year-on-year, according to the IMF`s November 2016 Regional Economic Issues (REI) report.

The IMF also maintained its forecast of Ukraine`s GDP growth for 2016 at 1.5% with 13.5% inflation.

According to the released report, the Fund predicts Ukraine`s export growth in 2017 by at least 3.6% of GDP with a decrease in the external debt to 136.3% of GDP.

The level of external debt in the current year is projected at 141.3% of GDP.

As UNIAN reported earlier, the IMF in early October reported it maintained its forecast for economic growth in Ukraine in 2016 at 1.5%, but it revised the inflation forecast to 13% against earlier projected 15.1%.

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