EBRD projects 3% economic growth in Ukraine this year

In 2019, Ukraine's GDP is also expected to grow by 3%.

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Ukraine's largest investor, the European Bank for Reconstruction and Development (EBRD), projects that economic growth in Ukraine in 2018 will be 3%.

In 2019, Ukraine's GDP is also expected to grow by 3%, the EBRD said on its website.

Read alsoS&P forecasts economic growth in Ukraine in 2018

Substantial risks for the economic growth of Ukraine, according to the EBRD, are public sector debt repayments in 2018-2020, as well as presidential and parliamentary elections in 2019.

What is more, Ukraine's further cooperation with the International Monetary Fund (IMF) remains uncertain.

As UNIAN reported, the State Statistics Service of Ukraine revised its estimate of the country's real GDP growth in 2017 to 2.5% from 2.2%, according to rough estimates. Inflation in Ukraine in March 2018 slowed to 13.2% year-over-year from 14% in February 2018.

The government of Ukraine predicts economic growth by 3% this year amid 9% inflation, while the International Monetary Fund and the World Bank expect GDP may grow by about 3.5% amid 10% inflation.

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