KIEV (Sputnik) — Inflation in Ukraine will likely stand at 44 percent for 2015, Governor of the country's National Bank Valeria Gontareva said Tuesday.
"According to our forecasts, inflation at the end of the year is 44%," Gontareva told reporters.
Ukraine is counting on receiving $8.87 billion in financial aid in 2016, according to material disseminated during a press conference by the head of the Ukrainian National Bank.
Ukraine's economy has been weakened amid an armed conflict between Kiev forces and independence supporters in the country's southeast that has been continuing since April 2014.
Currently, Ukraine increasingly relies on external funding to reanimate its economy in light of a deep recession and high inflation.
The IMF granted Ukraine a $17.5-billion aid package, to be distributed over the next three years.