The International Monetary Fund (IMF) lowers growth forecast for Ukraine’s economy. The country’s economy is expected to shrink by 9 percent. in 2015. The main cause is the unresolved conflict in the area.
A delegation from the IMF has recently been on a two-week visit to Ukraine. The result is that the earlier pessimistic expectation, a growth spigot 5 percent, more vivid.
Inflation in Ukraine is expected to reach 46 percent, mostly due to the soaring price of oil.
Despite the very pessimistic expectations so says the head of the IMF delegation have had constructive talks during the visit to Ukraine. There are some signs of stable growth in the country, and they have become somewhat clearer in recent months, explained the IMF in a statement after the visit.
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