IMF predicts economic growth in Ukraine in 2016
According to the International Monetary Fund, Ukraine’s key creditor, economic growth in Ukraine in 2016 is projected at 2%, with inflation at 10.6%.
This is stated in the fund’s annual economic review - the 2015 World Economic Outlook.
This forecast is in line with Ukrainian government estimates published within the framework of preparing the main directions of fiscal policy in 2016. The draft state budget for 2016 is compiled with economic growth projected at 2%, and inflation at 9%.
In March, the IMF predicted economic recovery in Ukraine by the end of the current year.