Pyshnyy gave a forecast on Ukraine's GDP growth.

President's message on Ukraine's GDP growth
President's message on Ukraine's GDP growth

The National Bank of Ukraine has raised the forecast for real GDP growth in 2024 to 4%, announced the head of the NBU Andriy Pyshnyy.

"Waves of Russian attacks on energy infrastructure, revived migration and labor shortages hindered economic recovery, yet real GDP continued to grow - in both the second and third quarters of 2024. Moreover, the smaller than expected electricity deficit and somewhat higher yields of early grain crops enabled the NBU to raise the forecast for real GDP growth in 2024 - to 4%", said Pyshnyy, reports Ukrinform.

According to him, significant budgetary stimuli, backed by substantial volumes of international financing, increased household incomes, as well as increased output in crop production and stable external demand will contribute to further growth of the Ukrainian economy - by 4.3–4.6% in 2025-2026.


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