The annual decline eased to 7 percent from 14.6 percent in the second quarter and as high as 17.2 percent in the first. A cease-fire in Ukraine’s 19-month conflict with pro-Russian militants has allowed companies to boost production and decrease pressure on the Hryvnia.
According to investment bank Dragon Capital, economy growth may only rebound by 1 percent to 2 percent in 2016. Reforms, including a crackdown on corruption, are key to further support from the IMF and other partners. Read more at http://www.bloomberg.com
According to investment bank Dragon Capital, economy growth may only rebound by 1 percent to 2 percent in 2016. Reforms, including a crackdown on corruption, are key to further support from the IMF and other partners. Read more at http://www.bloomberg.com
