World Bank predicts Ukraine's economy will decline by 3% this year
2014-04-07 14:54:35
The World Bank has predicted that the Ukrainian eoconomy will decline by 3% this year.
World Bank's economist in Ukraine Anastasia Golovach said this during the presentation of a new economic survey and macroeconomic forecast for Ukraine in Kyiv on Friday.
"In 2014 we do not expect GDP growth, on the contrary, the economy will shrink by 3%," Golovach said.
In January this year, the World Bank retained the October forecast economic growth in Ukraine in 2014 at 2% and set the outlook for inflation at 2%.