The world Bank downgraded its forecasts for the global and Ukrainian GDP

The world Bank lowered its Forecast for the rise in global economy in 2015 and worsened the Forecast of falling of economy of Ukraine, according to a WB report " global economic Prospects ".
"The global economy is expected to grow by 2, 8% in 2015, below the January forecast, is expected to increase after rising to a 3, 2% in 2016 and 2017," the report read. According to the January forecast, waiting for the rise of the global economy were at 3% in 2015 and 3, 3% in 2016, reports " Prime ". Largely reduced expectations for growth in global GDP is explained, According to the report, a major adjustment to the forecasts of economic improvement in developing countries - the drivers of global GDP." in the process of adaptation to new conditions, characterized by low prices for petroleum products and other essential fuel and raw materials, developing countries have faced serious challenges in 2015, for example, the threat of rising borrowing costs ", - stated in the message of the world Bank." in the end, this year the pace of economic improvement in developing countries is projected at 4, 4%, with the likely increase this figure to 5, 2% in 2016 and up to 5, 4% in 2017, " reads equally in the message.
And According to the January forecast of the Bank on the economies of developing countries were obliged to grow at 4, 8% in 2015 and by 5, 3% in 2016. The forecast for 2017 is not changed. The group included 21 developing country Europe and Central Asia low and middle lobes of the GDP per inhabitants (less than 12, 276 thousand Dollars in 2010), And six countries with a higher index of: Poland, Czech Republic, Slovakia, Croatia, Slovenia and Russia. The world Bank has lowered its Forecast of falling of economy of Ukraine on 5, 2 percentage points to 7, 5% in 2015, And also lowered the Forecast of increase of economy for the next two years - 1, 5 percentage points in 2016 - up to 2% and 0, 8 percentage points in 2017 to 3%, according to the Bank report " global economic Prospects ". In the previous January forecast, the Bank downgraded its forecasts of a fall of Ukraine's GDP in 2015 to 2, 3% (falling by 1%). However, analysts expect that the economy in the next two years will recover faster and will grow in 2016 to 3. 5% of GDP, in 2017, at 3, 8% of GDP. Currently the Bank is assessing the situation in the country as "a sharp slowdown in the increase," noting the lack of liquidity of regional credit institutions, And inflation, which in April 2015 amounted to 60% in annual terms.


sections: Politics