International Monetary Fund (IMF) Resident Representative in Ukraine Goesta Ljungman says the IMF estimates the growth of Ukraine’s economy in 2017 at 2% and forecasts an increase by 3-3.5% in 2018.
Ljungman said that there was a definite resumption of economic growth.
“Last year it was 2%. In 2018 it will increase by about 3-3.5%,” he said.
Yet, Ljungman says, it will not allow Ukraine to catch up with European countries and improve the living standards of Ukrainians.
The IMF official says inflation needs to be reduced along with the market formation of forex rates to let the economy grow. (UNIAN/Business World Magazine)