Putin, Rouhani stress importance of joint efforts in settlement of Syrian conflictRussian Politics & Diplomacy May 27, 14:32
Federatsiya spacecraft’s first flight may be rescheduled to 2022 - sourceScience & Space May 27, 14:29
Zbigniew Brzezinski dies at age of 89World May 27, 6:57
More than two-thirds of Russians say would like to venerate St Nicholas’s relicsSociety & Culture May 27, 6:40
Russian space budget may grow this yearScience & Space May 26, 20:48
Moscow hopes London High Court will deliver judgement on Ukraine’s debt to Russia soonBusiness & Economy May 26, 20:21
Hungarian top diplomat: EU must discuss anti-Russian sanctionsWorld May 26, 19:56
Russian, French top diplomats discuss preparations for Putin’s visit to FranceRussian Politics & Diplomacy May 26, 19:47
Moscow comments on Tallinn’s move to expel Russian diplomatsRussian Politics & Diplomacy May 26, 19:43
KIEV, November 17. /TASS/. Ukraine’s Ministry of Economic Development and Trade kept its GDP forecast unchanged at minus 10% for 2015, it said in a report on Tuesday.
"We leave our forecast estimates unchanged till the end of 2015 - GDP decline at 10%,"the report said.
According to the ministry, 0.7% growth of GDP in the third quarter was recorded amid decreased warfare intensity in the eastern part of the country.
On Monday, Ukraine’s State Statistics Service reported that the country’s real GDP went down by 7% in Q3 of 2015 compared with the same period last year. In Q2, GDP dropped by 14.7% year-on-year.
Ukraine’s 2015 state budget was initially based on optimistic scenario, which implied 5.5% decline of GDP at 26.7% inflation and growth of nominal GDP to 1.85 trillion hryvnias ($80.4 bln).
On September 17, Ukraine’s parliament (Verkhovna Rada) downgraded 2015 budget to 8.9% decline of real GDP at 45.8% inflation. Further on Ukraine’s National Bank downgraded its economic forecast for current year to 11.5% decline while the World Bank said the country’s economic growth will stand at minus 12%.
For 2016, National Bank of Ukraine forecasts GDP growth at 2.4% at 12% inflation while the government hopes to reach growth at above 2%.