The National Bank of Ukraine expects the country’s economic growth rate to reach 3-3.5% this year, Director of the NBU’s Financial Stability Department Vitaly Vavrishchuk said.
“According to our forecasts, the GDP will grow by 3-3.5% in 2018. We would like these rates to be higher, especially given the significant decline in the production output during the crisis period. The economy needs new impulses, and such impulses could be structural and institutional reforms, which are incorporated in the program of cooperation with the International Monetary Fund. Therefore, we want this program to be resumed,” Vavrishchuk said. (Ukrinform/Business World Magazine)
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