More and more opinions in favor of the recovery of the Ukrainian economy may not be possible due to the current political crisis. Due to the ever tense situation in Kiev “summit”, scheduled reforms, opening the country the opportunity to support the IMF again delayed. What positive changes can be discussed when the government and the Prime Minister are one step away from offset?
According to experts, Ukraine has a maximum of three months in order to restore order and to deal with political troubles, and then to provide the International monetary Fund the results of the previously planned reforms. Only in this scenario, Ukraine can count on the help of one of his main creditors. Otherwise, the lack of funding will lead the country to further destabilize.
This year is still forecast of Ukraine’s GDP growth at 1.5%, but in 2017, the experts lowered their expectations of economic growth from 3% to 2%. Skepticism is felt in the forecasts of inflation: experts have revised their expectations and decided to increase from 11.5% to 14%.