IMF improves assessment of deficit of current account of Ukraine's balance of payment in 2017
The International Monetary Fund (IMF) predicts that the deficit of the current account of Ukraine's balance of payment in 2017 will be 3.3% of GDP, according to the World Economic Outlook published on Tuesday.
In the CESEE Outlook published in May 2017, the IMF projected that the figure will be 33.6% of GDP.
The IMF slightly worsened the assessment of the deficit of the current account of the balance of payment for 2018 – from 2.9% to 3% and expects that in 2019 the figure would not change.
Ukraine's GDP forecast for 2017 and 2018 remained unchanged: at 2% and 3.2% respectively. In 2019, the IMF expects that the Ukrainian economy would grow by 4%.
The IMF also confirmed inflation forecast for Ukraine at 10% in 2017 and at 7% in 2018.
As reported, the World Bank left unchanged forecast for Ukraine's GDP growth in 2017-2019 at 2%, 3.5% and 4% respectively.
Advertising
Advertising
MORE ABOUT
Ukraine's Finance Minister holds number of meetings within World Bank-IMF Spring Meetings in Washington
09:28, 16.04.2024
Participants in IMF and World Bank spring meetings to discuss support for Ukraine
20:08, 12.04.2024
Updated memo on EFF with IMF contains 13 steps to deepen infrastructure of financial markets and supervision
20:17, 26.03.2024
Ukraine receives $880 mln from IMF - Shmyhal
12:44, 26.03.2024
In updated EFF arrangement with IMF, Ukraine manages to postpone deadlines of three benchmarks, do without new ones - memo
15:02, 23.03.2024
LATEST
Naftogaz Group receives UAH 23.1 bln net profit in 2023 against UAH 79.1 bln loss in 2022
12:52, 07.05.2024
After opening of sea exports, Metinvest increases workload of factories, directs efforts to retain teams – HR Director
20:17, 06.05.2024
Kamet Steel plant carrying out major overhaul of cable rack at coke chemical division for uninterrupted power supply
19:52, 06.05.2024
Business expectations in Ukrainian construction market in Q2 decrease by 1.1 pp – statistics
19:16, 06.05.2024
Four MPC members expect reduction of key policy rate to 11.5-12% by late 2024, remaining 7 expect fall to 13% – NBU