Sunday, September 14, 2014

Kiev. Annual gross domestic product of Ukraine may drop by 10% due to the increase in military spending and the unstable situation in the country, writes The Wall Street Journal, citing a statement

English: Dnepr river in Kiev
English: Dnepr river in Kiev (Photo credit: Wikipedia)
English: *Blue line is Percent Change From Pre...
English: *Blue line is Percent Change From Preceding Period in Real Gross Domestic Product Red line is Average GDP growth for Japan from 1950–2000 (Photo credit: Wikipedia)
Polish Gross Domestic Product change (3 months...
Polish Gross Domestic Product change (3 months) in percent (Photo credit: Wikipedia)
Kiev. Annual gross domestic product of Ukraine may drop by 10% due to the increase in military spending and the unstable situation in the country, writes The Wall Street Journal, citing a statement by the head of the National Bank, the country Valery Gontaryov.
"I think this will be minus 9 percent or minus 10 percent," said Gontaryov.
He also said that exports of goods and services from Ukraine to Russia is likely to decrease by 35%.

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