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Ukraine economic recession may reach 9% of GDP this year

October 12, 2014, 3:49 UTC+3 WASHINGTON
The IMF has earlier forecast a 6.5% decline in Ukraine
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WASHINGTON, October 12. /TASS/. Current economic slump in Ukraine may reach nine percent of GDP this year. Chief of Ukrainian National Bank Valeria Gontareva said on Saturday evening that this figure had been discussed at a meeting with Managing Director of the International Monetary Fund (MF) Christine Lagarde earlier on the same day.

The IMF has earlier forecast a 6.5% decline in Ukraine.

Gontareva did not tell TASS whether she asked Lagarde about expansion of aid package for Ukraine. “We keep working on aid package. I will stay in Washington a little longer for the purpose,” she said.

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