Next year, a significant increase in the real GDP of Ukraine is predicted – up to 6.5%. The consumer price index next year is expected to be 7.6.
According to forecasts of the International Monetary Fund, the economic growth rate of Ukraine at the end of this year will be 3.2%, and next year it will increase to 6.5%. This was stated in the World Economic Outlook (WEO) report presented during the Spring Meetings of the IMF and the World Bank in Washington, reports Ukrinform.
It was noted that in 2024, the real GDP of Ukraine will be 3.2%. Moreover, the figure for the previous year was revised by the Fund and increased to 5% by the end of the year – compared to the previously expected 4.5%. Next year, a significant increase in the real GDP of Ukraine is predicted – up to 6.5%.
The IMF also expects that the consumer price index in Ukraine could drop from 12.9 in 2023 to 6.4 this year. Next year this index is expected to reach 7.6.
Changes are expected in forecasts for Ukraine’s current account balance from -5.5 last year to -5.7 at the end of this year. In 2025, this trend will continue at -8.2.
The unemployment rate will drop from 19.1 in 2023 to 14.5 this year. By 2025 it is expected to be at 13.8.
Earlier it was reported that the International Monetary Fund, during the third revision of the EFF extended financing program, updated the macro forecast for Ukraine, improving forecasts for inflation, public debt and the current account deficit.
Source: korrespondent
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