The World Bank has worsened the forecast for GDP growth in Ukraine in 2018 to 3.3 %. This was stated by Faruk Khan, a leading economist at The World Bank in Ukraine, Belarus and Moldova, Interfax-Ukraine reports.
According to him, in 2019 the WB expects GDP growth at the level of 3.5 % of GDP.
Let’s remind, the president Petro Poroshenko expects GDP growth in 2018 at the level of “far beyond 3 %”.
Ukraine’s annual GDP in the second quarter of 2018 increased by 3.8 % against the expected NBU 3.2 %, published in the July Inflation Report.
USAID estimated the losses from the banking crisis of 2014-2017 in Ukraine at 40 % of the gross domestic product.