The government expects stable growth of the Ukrainian economy based on the results of the entire first quarter.
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Ukraine’s real gross domestic product (GDP) growth in the first two months of 2024 was 3.6% compared to the same period last year. This was announced by First Deputy Prime Minister of Economy Yulia Sviridenko on Facebook on Sunday, March 17.
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“The economy continues to show recovery growth. In January-February, we estimate GDP growth at 3.6% compared to the same period last year,” he wrote.
According to Sviridenko, this was facilitated by several factors, in particular, investment demand, favorable conditions for construction work, agricultural exports, the work of the Ukrainian maritime corridor, the expansion of production capacity in mining industry and stability in the energy sector.
“Thanks to the positive indicators in the main sectors of the economy, we expect sustainable growth for the entire first quarter,” added the First Deputy Prime Minister.
We remind you that in 2023 the GDP in Ukraine will grow by 5.6%. And in 2024, the Cabinet of Ministers expects economic growth to be 5%.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.