Ukrainian govt anticipates GDP decline by 3% with 12-14% inflation in 2014

11:11, 27.03.2014 1 min read

The Ukrainian government anticipates the country's GDP to fall by 3% with inflation reaching 12-14% in 2014, Prime Minister Arseniy Yatseniuk said.

"First, we anticipate GDP falling by 3%, and this will be only in the case that we adopt the package proposed by the government," Yatseniuk said.

"Second, we realistically assessed the inflation situation: the inflation level will be from 12% to 14% this year," Yatseniuk said at the Verkhovna Rada on Thursday.