The growth of gross domestic product (GDP) in Ukraine in January-September 2018 amounted to 3.8 percent compared to the same period in 2017, Ukrainian President Petro Poroshenko has said.
“We are ensuring economic growth (…) So far, (economic) growth in the first three quarters is 3.8% of Ukraine’s GDP. This is under not very easy conditions in which Ukraine is developing,” he said at the Forum of the Regions of Belarus and Ukraine in Gomel on Friday.
As reported, the World Bank in early October worsened the forecast for Ukraine’s GDP growth in 2018 to 3.3 percent from 3.5 percent, in 2019 – to 3.5 percent from 4 percent.
A week later, the International Monetary Fund (IMF) improved Ukraine’s GDP growth forecast by the end of 2018 to 3.5 percent from 3.2 percent. At the same time, the forecast for 2019 was worsened to 2.7 percent from 3.3 percent and for 2020 – to 3.4 percent from 4 percent.
According to the consensus forecast compiled by the Economic Development and Trade Ministry in September, Ukraine’s GDP growth in 2018 is estimated at 3.1 percent, in 2019 – 3 percent.
The bill on Ukraine’s state budget for 2019 is based on the forecast of economic growth next year at 3 percent.
The NBU forecasts GDP growth this year at 3.4 percent, in 2019 at 2.5 percent and in 2020 at 2.9 percent.
