KYIV, Nov 29 – JP Morgan reviewed downwards the forecast for Ukraine's GDP growth in 2019 from 4.3% in their October survey to 4%, and in 2020 the bank still sees 3.8% GDP growth, according to its November survey.
However, despite the push for investment, JP Morgan expects a moderate slowdown in 2020 amid a decrease in gas transit and some negative short-term effects of land reform, the analysts said.
According to the survey, in 2021, economic growth will increase to 4.5%.
|