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Standard & Poor’s predicts economic growth in Ukraine in 2016.

Standard & Poor’s predicts economic growth in Ukraine in 2016.

Posted in News.

International rating agency Standard & Poor’s expects the acceleration of falling gross domestic product (GDP) of Ukraine in 2015 to 7.5% from 6.8% a year ago to further his recovery by 2% in 2016 and 3.5% -4% the next two years.
In connection with the restructuring plan of the external debt, S & P expects the average acceleration of inflation from 12.2% last year to 35% this followed a sharp slowdown to 12% in 2016 and 8% – in 2017.
According to the agency, public debt growth after last year from 40.2% of GDP to 70.7% of GDP at the end of this year will reach 93% of GDP by the end of 2018 will be reduced to 82.6% of GDP.
«The macroeconomic situation in the country remains difficult. The greatest risk to restore sustainable economic growth and, hence, a sustainable level of debt, including the restoration of the financial sector and exchange rate stability, » – said S & P.

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