According to the IMF, Ukraine's GDP will fall by 9% in 2015 / rodniknews.in.ua
According to forecasts of Ukraine’s Central Bank (NBU), the annual inflation rate has reached its peak in April 2015 and will continue to decline in 2016, slowing down to 12% in annual terms.
The NBU predicts a 3.1% GDP growth in Ukraine, according to the regulator’s official Facebook page.
As UNIAN reported earlier, in late June, the NBU downgraded its forecast regarding GDP decline in 2015 to 9.5% while raising its inflation forecast to 48% at year-end.
Read alsoDraft 2016 Budget: 2% GDP growth, inflation at 12%UNIAN also reported that the fall of Ukraine's GDP in Q2 of 2015 slowed to 14.6% in annual terms, after tumbling 17.2% in Q1.
The Cabinet of Ministers is considering three scenarios for the development of Ukraine's economy in 2015, according to which the fall of the country's GDP is expected to stay between 11.9% to 5.5%.
According to the forecasts of the International Monetary Fund and the European Bank for Reconstruction and Development, Ukraine's GDP in 2015 will drop by 9% in 2015, while the World Bank predicts a 7.5% fall.