Slow vaccine rollout likely to hit Ukraine's growth, says central bank official

Slow vaccine rollout likely to hit Ukraine's growth, says central bank official
Representative image Image Credit: Wikimedia Commons
  • Country:
  • Ukraine

Ukraine's slow vaccination rollout to fight the coronavirus pandemic was one of the reasons the central bank cut its economic growth forecast for 2021 to 3.8% from 4.2%, central bank deputy governor Dmytro Sologub said on Thursday.

He spoke at a briefing after the central bank raised its main interest rate to 7.5% from 6.5%, in order to bring inflation back down to its target range.

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