Tuesday, October 6, 2009

In 2009 Ukrainian economy will fall by 15-16%, ex-Minister of Finance of Ukraine Viktor Pynzenyk predicts.

In 2009 Ukrainian economy will fall by 15-16%. Such a pessimistic prognosis of former Minister of Finance of Ukraine Viktor Pynzenyk made public today. He has also said that the budget deficit may climb above 33% of GDP in 2009, and 15% in 2010.

The Government of Ukraine determined a fiscal deficit at the level of 3.97% of GDP in the project of State Budget for 2010.

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