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Ukraine’s economy may grow 4.5% in 2006 after strong May expansion
Journal Staff Report

KIEV, June 16 – A robust expansion of Ukraine's economy in May 2006 increases the chance for economic growth at up to 4.5% in 2006, Valeriy Lytvytsky, the chief economist at the National Bank of Ukraine, said.

Ukraine’s economy expanded 8.5% on the year in May, the biggest growth since December 2004, showing that the economy has been accelerating from a decline in August 2005.




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