Ukraine's Finance Ministry eyes 4.3 percent GDP contraction in 'difficult' 2015

Russia's Foreign Minister Sergei Lavrov speaks to media in a news conference during a meeting of foreign ministers from the Organization for Security and Cooperation in Europe (OSCE) in Basel December 5, 2014. REUTERS/Arnd Wiegmann

KIEV (Reuters) - Ukraine's Finance Minister forecast the economy will shrink by 4.3 percent next year and warned of the huge challenge of getting state finances in order, as she presented a draft budget to parliament on Tuesday.

A year of revolution and war with pro-Russian separatists has pushed the hryvnia currency to record lows and crippled the economy, which was already near bankruptcy after years of corruption and economic mismanagement.