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EBA members also expect the hryvnia forex rate will be UAH 28 to the dollar in 2020.
Executive Director of the European Business Association (EBA) Anna Derevyanko has said most EBA members are confident the Ukrainian economy will show growth next year.
During the presentation of the traditional forecast "EBA Global Outlook: Embracing Change," she said 77% of the surveyed association members positively assess the prospects of the Ukrainian economy in 2020.
At the same time, this indicator amounted to 75% in 2018, and 86% in 2017.
"We see that there are more positive expectations than last year, but fewer than two years ago," she said.
At the same time, 62% of respondents expect an increase in income in hryvnia at 10% to 20%.
Read alsoAnalyst makes short-term forecast for hryvnia rate
Almost half of EBA members (46%) plan to expand their staff in 2020, while 7% of respondents plan possible reduction in staff.
According to the EBA, the main tasks for the government of Ukraine are an effective fight against corruption, judicial reform, and ensuring the rule of law, as well as political stability.
EBA members also expect the hryvnia forex rate will be UAH 28 to the dollar in 2020.
"As for the exchange rate, we see the forecast is UAH 28 to the dollar. And this is normal, because it is precisely such a rate that is laid down in the state budget for the next year," Derevyanko said.
As UNIAN reported earlier, the draft budget for 2020 is based on the current macroeconomic forecast with an exchange rate set at UAH 28.2 per dollar.