Ukraine Economy

Picture: Ukraine Economic Update, April 2017
Source: The World Bank

Ukrainian Economy In Brief

Amid revolution and war, Ukraine's real GDP fell by 15.9% in 2014-15. In 2016 it grew above 2%, following a late surge in agriculture. Economist Intelligence Unit forecast real GDP growth of 1.7% in 2017. The government of Volodymyr Groysman was appointed in April 2016. The implementation of the reforms planned in the US$17.5 Bn IMF program remains slow, possibly delaying the disbursement of upcoming tranches. The nationalisation of PrivatBank in December 2016 may have averted a bank crisis, but adds the public debt.

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