Pyshnyy gave a forecast on Ukraine's GDP growth.
01.11.2024
1606

Journalist
Shostal Oleksandr
01.11.2024
1606

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
- In Ukraine, the date of the occupation of Mariupol has been updated for historical justice
- 30 Days of Silence: Zelensky Reveals Conditions for Starting Peace Talks with Russia
- Under the cover of the 'May truce', Russia is preparing to intensify strikes – Armed Forces of Ukraine
- Amnesty International Report: Russia Continues to Commit War Crimes Against Ukraine
- The Armed Forces of Ukraine received ammunition at the front from the Polish supplier 'PHU Lechmar'
- Deportation of Children: Criminal Liability Introduced in Ukraine