The national Bank prepared the bad news for the economy


National Bank worsened the GDP forecast / Photo: Details

Gross domestic product in 2017 will grow slower than expected.

National Bank worsened the GDP growth forecast from 2.8% to 1.9%, as reported on the official website.

It was affected by trade embargoes ORDO, explain the regulator.

It is expected that in 2018, the GDP will grow by 3.2%. Earlier this indicator was predicted at level of 3%.

Earlier the national Bank has revised the GDP growth in 2017. Then it increased to 2.8% from 2.5%.

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