KIEV, Jan. 13 – Lower steel prices and a global economic deterioration have led an investment company to adopt more conservative macro forecasts for Ukraine.
The company has also downgraded its 2012 real GDP forecast to 2.2% year-over-year from the 4.0% expected before.
Olena Belan, the senior economist at Dragon Capital Investment Company said at a press conference that the key risks for the country's economy are seen in the budget sphere and the external sector.
|