UJ.com
                        MONDAY, SEPTEMBER 24, 2018
Make Homepage /  Add Bookmark
Front Page
Nation
Business
Search
Subscription
Advertising
About us
Copyright
Contact
 

   Username:
   Password:


Registration

 
GISMETEO.RU
UJ Week
Top 1   

    
Business    

Ukraine GDP growth will slow next year, according to Fitch forecast
Journal Staff Report

KIEV, Oct. 28 Growth in Ukraine's gross domestic product in 2011 is expected to reach 4.7%, but in 2012 it may slow to 4%, according to a forecast by Fitch Ratings.

According to the forecast, the average annual inflation in 2011 is projected at 9.5% and in 2012 at 9%, while the average hryvnia exchange rates are expected at UAH 8.10/$1 and UAH 8.30/$1 respectively.

At the same time, Fitch notes the high level of the country's foreign debt amid concerns about external financing. The rating agency expects the country's total public debt to reach $29.8 billion in 2011 and $29.7 billion in 2012. At the same time, the current account deficit this year will reach 4.5% of GDP, while in 2012 it will drop to 3.9%.




Log in

Print article E-mail article


Currencies (in hryvnias)
  21.09.2018 prev
USD 28.06 28.12
RUR 0.422 0.420
EUR 33.03 32.81

Stock Market
  20.09.2018 prev
PFTS 539.4 539.2
source: PFTS

OTHER NEWS

Ukrainian Journal   
Front PageNationBusinessEditorialFeatureSubscriptionAdvertisingSearchAbout usCopyrightContact
Copyright 2005 Ukrainian Journal. All rights reserved
Programmed by TAC webstudio