You're reading: Bne Intellinews: Ukraine economy ministry revises downward 2019 GDP forecast to 3 percent

Bne Intellinews: Ukraine economy ministry revises downward 2019 GDP forecast to 3 percent

Published April 16, 2019 at 9:58 am

A pizza delivery man walks to enter the building of the ministry of economic development in Moscow on November 15, 2016.Russia's security service has detained Economy Minister Alexei Ulyukayev on suspicion of taking a two-million-dollar bribe over a massive deal involving state-controlled oil giant Rosneft, investigators said on November 15.

Photo by AFP

Ukrainian Economy Ministry has revised downward its forecast for the growth of Ukraine’s real GDP in 2019 to 2.8 percent year-on-year from 3 percent y/y.

The ministry also forecasts the 2020 growth at 3.8 percent y/y, in 2021 at 4.1 percent y/y, according to local media.