The World Bank has retained the previously issued Ukraine’s economy growth forecast in 2016 at 1%, as it is said in the report “Global economic prospects”, prepared by WB analysts, UNIAN reports.
This is lower than assessments of Ukrainian government and experts, who previously prepared consensus forecast of the development of state economy. In particular, government expects GDP growth of not less than 2%, experts expect maximum growth level by 2.9% as per results of the year.
The analysts of the World Bank state that Ukraine’s economy can reach growth of 2% not earlier than in 2017.
“In general, in Europe and Central Asia, the economy growth forecast has been improved to 3% from 2.1% as per results of 2016 amid slowdown of oil price drops and Ukraine’s economy recovery”, as it is said in the bank report.