The international rating agency Fitch Ratings forecasts that Ukraine’s GDP will grow 4.1% in 2021.
Kiev. Ukraine. Ukraine Gate – March 01, 2021 – Diplomatic Affairs
“We expect GDP growth of 4.1% in 2021, driven by private consumption, increased agricultural production, and a partial recovery in investment,” said the report published on the Fitch Ratings website.
At the same time, the agency expects Ukraine’s GDP growth to drop to 3.8% in 2022, “in line with the recession and the withdrawal of the stimulus policy.”
According to Fitch, the second wave of Covid-19 was much more severe than the first but the death rate is declining and we assume that the economic constraints are still limited.
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Source: Ukrgate
