IMF gave two years to Ukrainian crisis

International Monetary Fund (IMF) expects that in 2009 world economy recession will start – rate of its increase will fall down till 3%. According to funds forecast slowdown of Ukraine’s GDP will be more considerable, three times – till with inflation rate of 18,8%." Such forecast looks very realistic, – the President of Ukrainian Society of Financial Analysts, Yuriy Prozorov, sais. – Low economic increase looks real in current industrial slump contexts. With this IMF considers that such lowness of increase will cause the slump of buying power at Ukrainian citizens what considerably decrease rate of inflation».

IMF expects improvement of economic situation in 2010 - GDP increase will accelerate till 6,5% under lowness of price increase till 5,8% and balance-of-payments deficit till 5,7% from GDP. Mister Prozorov supposes that such forecasts overoptimistic. "All leading economists predict very hard 2009 with situation improvement in 2010, - he sais.– But it is hard to expect that rehabilitation of developing countries will be as fast as of developed ones". In connection with this the expert expects renewal of Ukrainian economy increase in 2011.

The resource: Ъ-Ukraine