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IMF forecasts Ukraine’s GDP at level of 2.5% in 2017 - Report

IMF forecasts Ukraine’s GDP at level of 2.5% in 2017 - ReportThe International Monetary Fund (IMF) forecasts Ukraine’s GDP at the level of 2.5% in 2017, according to the IMF’s World Economic Outlook (WEO).

In particular, according to the table with data on CIS countries, Ukraine’s real GDP totalled minus 9.9% in 2015, while in 2016 it is estimated at 1.5%, and is projected at 2.5% in 2017.

Read also: IMF keeps forecast for Ukraine's GDP growth at 1.5% in 2016 - Survey

At the same time, the level of inflation in Ukraine is expected at 11% in 2017, while the current account balance will remain negative at minus 2.1% of GDP. The unemployment rate in Ukraine in 2017 will be reduced from the current 9% to 8.7%.
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