Pyshnyy gave a forecast on Ukraine's GDP growth.
01.11.2024
2765
Journalist
Shostal Oleksandr
01.11.2024
2765
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.
Read also
- Moldova Shuts Down Chisinau Cultural Center: What It Reveals About Youth Recruitment by Russia
- Fuel Crisis Hits Russian Frontline: What It Means for the War’s Trajectory
- Ukraine’s Defense Ministry Unveils New System for Recruiting Foreign Volunteers: Key Changes Explained
- Russia Has Lost the Black Sea, Zelenskyy Declares — Here’s What Ukraine’s Military Achieved
- Putin’s Claim of Capturing Kostiantynivka Is Another Lie: The Real Situation on the Ground
- Zelenskyy Extends 250th Independence Anniversary Greetings to the U.S. with Gratitude for Ukraine’s Support

