REUTERS
Ukraine's GDP growth at the end of 2017 will be at 1.8% with a 12.2% inflation and an exchange rate of the Ukrainian hryvnia at UAH 27.9 to the U.S. dollar, that’s according to a consensus forecast published on the site of the Ministry of Economic Development and Trade.
In this regard, the experts polled by the ministry predict GDP growth in 2018 at 3%, inflation at 8%, and a rate at UAH 29.55 / USD by next year-end.
In 2019 and 2020, the economy may grow by 3.6% and 4%, respectively, inflation – by 5.9% and 5%, while the rate at year-end – at UAH 29.9 / USD and UAH 32 / UDS.
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At the same time, taking into account the deficit of the Pension Fund, in the forecast horizon for 2017 and 2018, the deficit of public finances will amount to 3% of GDP and 2.4% of GDP, respectively.
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Public debt in 2017 may reach 75.2% of GDP, in 2018 it may hit 76.2%, in 2019 - some 67.9% of GDP, and in 2020 it is expected at 63.4% of GDP.
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Unemployment in 2017-2020 is projected at 10%, 9.4%, 8.9%, and 8.6% of the economically active population, respectively; while the average salary will be UAH 6,973, UAH 8,350, UAH 9,480 and UAH 10,680.
As UNIAN reported earlier, the Cabinet of Ministers of Ukraine worsened the forecast for GDP growth in Ukraine in 2017 to 1.8% from the previously projected 3%, and the inflation forecast - to 12.9% from an earlier 8.1%. The projected budget deficit for 2017 is 3% of GDP.
The draft state budget for 2018 provides for the growth of Ukraine's GDP by 3%, inflation at 7% and a budget deficit of 2.4% of GDP.
According to NBU forecasts, Ukraine's GDP growth in 2017 is expected at 1.9%, in 2018 - at 3.2%, and in 2019 - at 4%.
The International Monetary Fund expects GDP growth of Ukraine in 2017 by 2%, in 2018 - by 3.2%, and in 2019 - by 3.5%.