The World Bank provided a forecast on Ukraine's GDP growth.
18.10.2024
2102

Journalist
Shostal Oleksandr
18.10.2024
2102

According to World Bank forecasts, the Ukrainian economy will grow by 3.2% by the end of 2024. In 2025, GDP growth is expected to be 2%, and by 2026 - 7%. This is linked to significant damages from the Russian invasion and electricity issues.
"Countries in the Europe and Central Asia region skillfully weathered recent shocks of high inflation, the aftermath of the Russian invasion of Ukraine, and weak expansion in the European Union, a key export market for the region," said Antonella Bassani, Vice President of the World Bank for Europe and Central Asia.
According to her, to increase labor productivity, countries in the region need to improve the quality of education. This is important for strengthening human capital and creativity.
Read also
- The US is sabotaging Trump's peace plan: expert names the culprit in the Pentagon
- Ukraine Awaits a Summer of Ruthless Attacks: WSJ Reveals Putin's New Plan
- Response on 'Shahedi': The Armed Forces of Ukraine struck a key defense industry facility in the Moscow region
- The state operator of the rear spoke about sanctions against unscrupulous suppliers
- Russia struck 550 targets: Zelensky revealed details of the largest combined attack on Ukraine
- Training 'Sea Breeze 2025': what tasks for Ukrainian ships