REUTERS Ukrainian Minister for Development of Economy, Trade and Agriculture Ihor Petrashko has said the domestic banking system should provide businesses with at least UAH 400 billion (US$14.9 billion) in loans annually, so that the country&#39;s economy could grow by 8%. Read alsoUkraine faces deepening recession due to coronavirus lockdown: Reuters poll "The Ukrainian [banking] system should issue at least UAH 400 billion in loans to entrepreneurs each year, so that [the economy of] our country could grow by 8%. There can be any program. The economy will fail to rise by 8% or 9% without the UAH 400 billion," he said on a Ukrainian TV channel on May 5. As UNIAN reported earlier, the growth of Ukraine&#39;s real GDP in the fourth quarter (Q4) of 2019 was 1.5% year-over-year (y-o-y), having slowed from 4.1% in Q3 2019 y-o-y. The country&#39;s GDP in January-February 2020 dropped by 0.2%. Ukraine&#39;s key lender, the International Monetary Fund (IMF), forecasts that Ukraine&#39;s economy may decline by 7.7% in 2020.