The national Bank of Ukraine has lowered the forecast increase in GDP in 2017

The national Bank of Ukraine has lowered the Forecast increase in GDP in 2017 to 2, 5% with the previously projected 3% in 2018 to 3, 5% from 4%, said the head of the regulator Valeria Gontareva.
"The forecast of economic increase of the National Bank for 2016 remains unchanged ? 1, 1%. In the medium term are expected to be more moderate rate of increase than was predicted before: in 2017 ? 2, 5%, 2018 ? 3, 5%. Principal reduction of the projected rate of increase of GDP in these years due to a revision of assumptions regarding external conditions For Ukrainian exporters ", ? leads her words RIA " Novosti ".
The draft state budget of Ukraine for the next year envisages GDP growth at 3% and inflation at 8, 1%. In addition, Gontareva said that the NBU decided to reduce the discount rate from 15% to 14% per annum." The Board of the National Bank of Ukraine continued easing of monetary policy and adopted conclusions on reducing the discount rate to 14% per annum " ? Gontareva said. Gontareva said that monetary policy easing due to the reduction of risks To price stability and is consistent with the need to achieve inflation target tracking in two years. The National Bank said that lowering interest rates is expected on October 28. Remember, according to the world Bank, the state dog of Ukraine in 2016 in practice will be equal to the size of the gross domestic product, reaching the target of 90% of GDP. As stated on 25 October, the total public debt of Ukraine at the end of September 2016 was 68, 61 billion dollars, which is 2, 8%, or 1, $ 9 billion more than at the beginning of the month. To exit from the fall, experts underline that the need for Ukraine to learn more to earn than to spend, however far from it on the background of breaking ties with Russia.


sections: Politics