Ukraine's public debt level will rise to 2016% of GDP in 90,2 – World Bank
Ukraine's public debt level will rise to 90,2% of GDP in 2016.
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This is stated in the World Bank's economic survey for September.
“Taking into account current trends of declining real income and increasing spending, the general government budget deficit is expected to be 4 percent of GDP in 2016, and the level of public debt will rise to 90,2 percent of GDP,” it said.
As previously PolitNavigator reported, According to the World Bank, Ukrainian economic growth in the first half of this year amounted to 0,8%.
Let us remind you that, according to updated data from the State Statistics Service, in the second quarter of 2016 real GDP grew by 1,4% in annual terms.
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