KIEV - The World Bank on Wednesday sharply cut its 2015 economic growth forecast for war-torn Ukraine to minus 7.5 percent, darkening the outlook for Kiev as it fights pro-Russian separatists.
The World Bank lowered its economic outlook for this year from a previous forecast of 2.3 percent contraction, outstripping current estimates by the Ukrainian government and IMF of minus 5.5 percent
The UN development lender lowered its economic outlook for this year from a previous forecast of 2.3 percent contraction, outstripping current estimates by the Ukrainian government and IMF of minus 5.5 percent.