Ukraine's GDP to grow 4 percent in 2011: World Bank
2010-12-16 16:38:33
Ukraine's gross domestic product (GDP) would grow 4 percent in 2011, the World Bank's Ukrainian office said Thursday.
According to a World Bank statement, the estimate of GDP growth for this year had been improved to 4.3 percent from a previously estimated 3.5.
The bank noted the dynamics of economic growth would slow to 4 percent in 2011, but accelerate to 4.5 in 2012.
According to the bank's earlier forecast, the Ukraine's GDP growth from 2010 to 2012 would be 3.5, 4 and 5 percent respectively.
On inflation, it would be 9.8 percent in 2010, 10.7 in 2011 and 8.9 in 2012.