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2017-10-04 23:35:00

WBG HAS UKRAINE

WBG HAS UKRAINE

WBG - Ukraine's economy grew by 2.4 percent in the first half of 2017, following growth of 2.3 percent in 2016, according to the World Bank's latest Ukraine Economic Update. While the resumption of growth is a positive development, this is a weak recovery since it follows a cumulative 16 percent contraction in 2014 and 2015.

"2 percent is not enough," said Satu Kahkonen, World Bank Country Director for Belarus, Moldova and Ukraine. "Faster growth at 4 percent or more is needed to improve living standards for the population that continues to hurt from…

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Tags: WBG, WORLD, BANK, UKRAINE
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