REUTERS
Ukrainian President Petro Poroshenko has said the growth of Ukraine's economy in 2017 may reach 1.8% and will accelerate to 4% by 2020.
"We forecast an increase at 1.8% this year. We expect that in 2020 economic growth will accelerate to 4%," the president said during an annual address to the Ukrainian parliament.
Read alsoAccounting Chamber: Ukraine's economy grows by 2.4% in 1H 2017As UNIAN reported earlier, the State Statistics Service wrote that Ukraine's gross domestic product in the second quarter of 2017 had grown by 2.4% in annual terms compared to the second quarter of 2016.
According to the central bank`s forecasts, Ukraine's GDP growth in 2017 is expected at 1.9%, while in 2018 the growth is expected at 3.2%, and in 2019 - at 4%.
Read alsoMoody's expects modest annual GDP growth in UkraineThe International Monetary Fund expects GDP growth of Ukraine in 2017 at 2%, in 2018 - at 3.2%, in 2019 – at 3.5%.
The Ministry of Economic Development forecasts GDP growth in 2017 at 1.8%.