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Ukraine government makes worse macroeconomic forecast in 2015

December 26, 2014, 2:51 UTC+3 KIEV
The nominal GDP will make $108 billion according to the pessimistic foreca
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KIEV, December 25. /TASS/. Ukrainian government has made a worse forecast on main macroeconomic indicators in 2015. So, the domestic GDP will drop by 4.3% according to the pessimistic scenario next year and will fall by two percent in the optimistic variant.

The Ukrainian government press service has announced this data Thursday with the reference to the Cabinet’s resolution approving a forecast for economic and social development of the country in 2015 and main macro-indicators of domestic economic and social development in 2016 and 2017.

The nominal GDP will make one trillion 720.8 billion hryvnas ($108.7 billion) according to the pessimistic forecast and one trillion 751 billion hryvnas ($110.6 billion) in the optimistic one in 2015.

In 2016, the government expects the GDP growth rate to be 0.5% in the pessimistic scenario and 2.2% in the optimistic one, the nominal GDP - one trillion 932.4 billion hryvnas ($122.1 billion) and one trillion 971 billion hryvnas ($124.5 billion), respectively. In 2017, the GDP growth rate will stand at 0.8% according to the pessimistic forecast with the nominal GDP at two trillion 80 billion hryvnas ($131.4 billion) and 3.5% in the optimistic one with the nominal GDP volume at two trillion 164.8 billion hryvnas ($136.8 billion).

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