The Cabinet has calculated three scenarios of economic development for the years 2019-2021

The Ministry of economic development and trade expects the average exchange rate in 2018 at the level of 27.5 hryvnia to the dollar

Кабмин просчитал три сценария развития экономики на 2019-2021 годы

This is stated in the “Forecast of economic and social development of Ukraine for 2019-2021 years,” according to the “DS.

The Ministry has developed three scenarios:

The first scenario assumes the implementation of reforms and preservation of favorable conditions on world markets. The scenario assumes a reasonable reaction of the economy to reform. In this scenario, in 2019, the rate in average for the period will amount to 28.2 per hryvnia to the dollar in 2020 and 29.7 hryvnia to the dollar, 2021 — 30,4 hryvnia to the dollar.

The second scenario involves the implementation of difficult reforms and land tax taxation of income of enterprises (the tax on the capital). The external environment will be favorable. In this scenario, in 2019, the course average for the period will amount to 29.4 hryvnia to the dollar in 2020 is 28.3 hryvnia to the dollar in 2021 was 28.3 hryvnia to the dollar.

The third scenario is a pessimistic one. It provides that the negative trends in the external environment weaken the possibility of reforms, primarily in the financial sector. The economic slowdown and loss of confidence of foreign investors exacerbate the problem of calculating the Ukraine on its debt obligations. Under this scenario, 2019, the rate in average for the period will represent 29.7 hryvnia to the dollar in 2020 32 hryvnia per dollar, 2021 — 33,5 hryvnia to the dollar.

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