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NBU: Ukraine's GDP grows by 3.3% in 2019

Its dynamics will increase but not as much as the cabinet wants.

NBU: Ukraine's GDP grows by 3.3% in 2019
Photo: EPA/UPG

The National Bank of Ukraine (NBU) has reported a 3.3% growth of GDP in 2019

"In 2020 economic growth will accelerate to 3.5%, up from 3.3% in 2019, while accelerating to around 4% in the following years," the NBU said on its website.

Earlier, Prime Minister Oleksiy Honcharuk said that the government 2021-2024 to be a period of fast economic growth. He set the target of 40% growth in five years which he plans to achieve by means of softer monetary policy.

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