Business news from Ukraine

UKRAINE’S ECONOMY MINISTRY PREDICTS 4.6% GDP GROWTH IN 2021

30 July , 2020  

The Ministry for Development of Economy, Trade and Agriculture of Ukraine predicts growth of GDP in 2021 at 4.6% with inflation of 7.3%, according to a draft resolution put on the agenda of the Wednesday government meeting.
According to the document, in 2022, GDP would grow by 4.3% with inflation of 6.2%.
According to the draft resolution, export growth is expected 2.9% next year and 6.4% in 2022, while import growth is projected at 10.6% and 10%, respectively.
The trade deficit will amount to $10.4 billion in 2021 and $13.6 billion in 2022, the ministry said.

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