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NBU predicts GDP fall of 7.5% in 2015
31.03.2015 14:23 "Agro Perspectiva" (Kyiv) —
The National Bank of Ukraine (NBU) has forecasted that Ukrainian GDP will fall by 7.5% in 2015 (with inflation being 30%), while in 2016 GDP will grow by 3% (with inflation declining to 1314%), NRCU says referring to the NBU Mon report.
As to the report, the macroeconomic forecast was approved by the NBUs monetary policy committee at a meeting held on March 2526.
NBU says that in Q1, 2015, GDP continued to fall compared to the previous quarter due to the continuation of the military conflict.
It is to be admitted, the NBU says that the macroeconomic forecast for 20152016 takes into account the strict implementation of the obligations set in the International Monetary Funds new Extended Fund Facility (EFF), in particular, budget reform, and reforms in the financial, energy and economic sectors.
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