Ukraine. GDP growth will make 3.5% in 2012 - IMF

2011-11-17 18:14:57

Next year, maximum GDP growth in Ukraine will be 3.5%, IMF Resident Representative in Ukraine Max Alier has said at the Second Ukrainian Investment Forum.

He said that for this year, they forecasted GDP growth at 5%, for next year, according to their forecasts, maximum GDP growth in Ukraine will reach 3.5%. He also said that Ukraine will face the crisis in different spheres, including as regards agricultural products. In addition, he added, when speaking about a relation between the world situation and the situation in Ukraine, the matter concerns the crisis, since Ukraine, in his opinion, is highly integrated into the world economy and it has a great need in external financing.

According to Fitch Ratings outlook, GDP growth in Ukraine in 2012 will slow down to 4%, whereas GDP growth in 2011 will be 4.7%.

Earlier, the National Bank of Ukraine (NBU) made public data, according to which GDP growth in Ukraine will be 4.5% in 2011.

As Prime Minister Mykola Azarov has said November 16, GDP growth in Ukraine in October 2011 against October 2010 made up 7.2%.

Earlier, President Viktor Yanukovych has forecasted that in 2012, GDP growth in Ukraine will be 6%.