Bloomberg News

World Bank Urges Ukraine to Review Its 2012 GDP Forecast

October 28, 2011

Oct. 28 (Bloomberg) -- Ukraine’s government should review its next year gross domestic product growth forecast of 5 percent, on which it calculates the 2012 state budget, World Bank’s economist Ruslan Piontkivskyi said today at a conference in Kiev.

The government should use “more conservative” forecast of economic growth while preparing the state budget as world’s volatility increased, he said.

To contact the editor responsible for this story: Daryna Krasnolutska at dkrasnolutsk@bloomberg.net


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