GDP race for Ukraine – Swedish newspaper Svenska Dagbladet

The sharp GDP fall follows a 2013 characterized by zero growth.

The forecast for 2015 remains at a deep recession, with GDP down 5.5 percent, according to the International Monetary Fund (IMF) , which recently launched a new four-year programs with an emergency loan of 17.5 billion dollars to Ukraine.

emergency loans go well for the hard-pressed state budget, but also to provide the National Bank of Ukraine with more resources to deal with the country’s banking crisis and to strengthen the country’s currency, the hryvnia, which has been raging since Russia annexed the Crimea and separatists seized control of areas in eastern Ukraine.