World Bank analyst: 2.5% economic growth in Ukraine not enough to overcome poverty

The poverty rate in Ukraine in 2017 was 39.4%.

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The World Bank considers the economic growth in Ukraine at 2.5% in 2017 insufficient to return to the pre-crisis level.

Read alsoFitch re-states 3.2% economic growth in Ukraine in 2018Analyst of the Representative Office of the World Bank in Ukraine Anastasia Holovach says the growth of Ukraine's economy by 2.5% in 2017 is insufficient to overcome poverty in the country.

"These rates are not enough to overcome poverty in Ukraine, and for the country's economy to return to the pre-crisis level," she said on April 10, presenting the updated macroeconomic forecast.

Earlier, Ukraine's Social Policy Minister Andriy Reva said the poverty rate in Ukraine dropped by 15.1 percentage points to 39.4% in 2017 from 54.5% in 2016.

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