REUTERS
Ukraine's GDP grew by about 2.1-2.3% January through March 2017, according to Ukraine's Ministry for Economic Development and Trade.
An acceleration in the rate of economic growth in the first quarter of 2017 compared to the same period last year when a 0.1% GDP rise was reported was due to more active foreign economic trade in services, including education, health care, finance and insurance, the ministry said, citing its own estimates.
Ukraine's Central Bank said earlier in its April report on inflation that GDP growth in the first quarter of 2017 was 3%.
Read alsoUkraine can show economic breakthrough in 3 years – GroysmanAs UNIAN reported earlier, Ukraine's GDP in 2016 increased by 2.3% from 2015. It was the first growth in the previous four years after Ukraine's economy shrank by 9.8% in 2015, by 6.6% in 2014, whereas GDP in 2013 did not grow, staying at zero.
The National Bank of Ukraine projects the country's GDP may grow by 1.9% in 2017, by 3.2% in 2018, and by 4% in 2019.
The International Monetary Fund forecasts that Ukraine's GDP growth in 2017 will be at 2% in 2018 at 3.2% and in 2019 at 3.5%.