REUTERS
International rating agency Fitch Ratings has maintained its forecast of robust GDP growth of 1% in Ukraine in 2016, with inflation being projected at 17% and the average annual exchange rate of the hryvnia at UAH 25 per U.S. dollar, the agency said in its statement.
As UNIAN reported earlier, the Ukrainian government forecasts Ukraine's economy will grow 1% this year with the year-end inflation forecast at 12% and the hryvnia exchange rate at UAH 24.1 per U.S. dollar.
Ukraine's main creditor, the International Monetary Fund, forecasts a 2% economic growth and 12% inflation in Ukraine this year. The World Bank is a bit more pessimistic in its forecast. The Bank estimates Ukraine's economy will grow by no more than 1% in 2016.