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Ukraine’s economy forecasted to fall by 11% in 2015 — expert

GDP per capita will be $2,000, while Europe’s poorest country, Romania, will demonstrate $6,000

© ITAR-TASS/Maxim Nikitin

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KIEV, September 21. /TASS/. Ukraine’s economy will demonstrate a 11-percent slump in 2015, Oleg Ustenko, executive director of the International Bleyzer Foundation, said on Monday.

"Our economy will drop by 11% this year, and by 22% in 2014-2015," he said.

He was likewise pessimistic about GDP per capita forecasts. "By the end of this year, GDP per capita will be $2,000, while Europe’s poorest country, Romania, will demonstrate $6,000, Poland - about $15,000, Hungary - more than or about $10,000," the expert said, adding that Ukraine was to ensure at least a seven-percent GDP growth to catch up with its closest neighbours.

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