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IMF: Ukrainian GDP could grow by 2% in 2016 after 5.5% fall in 2015
12.03.2015 14:54 "Agro Perspectiva" (Kyiv) —
The Ukrainian real GDP is expected to shorten by about 5.5% in 2015 with inflation spike to about 27% temporarily in response to the exchange rate depreciation and gas and heating tariff increases, NRCU says referring to the IMF press service report.
«Ukraine’s economic prospects will improve in the medium-term. Real GDP growth is expected to rebound to 2% in 2016 and rise to 4% in the medium term,» the report runs.
It is to be admitted, the First Deputy Managing Director and Acting Chair David Lipton said in comments to the IMF Executive Boards decision that the loan is subject to exceptional risks, especially those arising from the conflict in the east of Ukraine.
«On the other hand, the crisis provides an opportunity for the government to make a decisive break from the past,» he said.
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