Ukraine's GDP to grow 4 percent in 2011: World Bank

20:38, December 16, 2010      

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Ukraine's gross domestic product (GDP) would grow 4 percent in 2011, the World Bank's Ukrainian office said Thursday.

According to a World Bank statement, the estimate of GDP growth for this year had been improved to 4.3 percent from a previously estimated 3.5.

The bank noted the dynamics of economic growth would slow to 4 percent in 2011, but accelerate to 4.5 in 2012.

According to the bank's earlier forecast, the Ukraine's GDP growth from 2010 to 2012 would be 3.5, 4 and 5 percent respectively.

On inflation, it would be 9.8 percent in 2010, 10.7 in 2011 and 8.9 in 2012.

Source: Xinhua

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