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Ukraine’s government adopts draft of budgetary policy for 2016 - media

April 05, 2015, 17:41 UTC+3 KIEV
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KIEV, April 5. /TASS/. Ukraine’s government has adopted a draft of basic guidelines of the country’s budgetary policy for 2016, which has a forecast of key macroeconomic parameters, the Ukrainian publication Ekonomicheskaya Pravda said on Sunday, citing a governmental document.

Under the draft, nominal GDP in 2016 is expected at a level of 2.106 trillion hryvnias /about 90.4 billion U.S. dollars under the current exchange rate set by Ukraine’s National Bank/, the real GDP growth is to be two percent.

The Ukrainian government expects an inflation of nine percent, the producer price index of 12%, and unemployment rate of 9.9%

The hryvnia exchange rate in 2016 is forecasted by be 22.5 hryvnias per one U.S. dollar.

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