Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Ukraine Says GDP May Grow 2.5% in 2013 in Pessimistic Scenario

Dec. 5 (Bloomberg) -- Ukraine’s economy may expand 2.5 percent next year under a pessimistic scenario in which export growth is slower than planned, the government said.

Inflation may quicken to 6.1 percent under the analysis, the Cabinet said today on its website before lawmakers vote tomorrow on the 2013 budget.

The draft budget assumes gross domestic product will advance 3.4 percent and inflation will be 4.8 percent, First Deputy Finance Minister Anatoliy Myarkovskyi told Parliament yesterday. Ukrainian exports, which generate more than half of GDP, will rise 2.3 percent under the pessimistic scenario compared with the 6.4 percent envisaged in the draft budget.

To contact the reporter on this story: Daryna Krasnolutska in Kiev at dkrasnolutsk@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.