Three years until Ukraine’s economy resumes growth - pessimistic scenario

It will take three years for economic growth to resume in Ukraine, although that is according to the government’s most pessimistic scenario, according to data posted on the Ukrainian government’s Web site on Thursday.

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The government estimates that the economy will shrink by 7% in 2016, and by 3% in 2017, according to data given in Cabinet decree No.76, which has been published on the government web portal.

In addition, the inflation forecast figures under the pessimistic scenario stand at 16.4% in 2016 and 9.7% in 2017.

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