economic growth

IMF confirms Ukraine’s 2024 GDP growth, adjusts forecast for next year

The International Monetary Fund (IMF) expects Ukraine's GDP to grow by 4% in 2024, followed by a slowdown to 2.5-3.5% next year, according to its report on the results of the sixth review of the Extended Fund Facility (EFF) program released on Nov. 19.

20 November 2024, 02:30 PM

Economic growth and carbon reduction can go hand in hand: study

An international team from the Potsdam Institute for Climate Impact Research and Potsdam University found that many regions globally are successfully combining economic growth with carbon reduction, according to a study published on Oct. 28.

7 November 2024, 01:28 PM

Zelenskyy congratulates Sandu on Moldova’s presidential win

Ukrainian President Volodymyr Zelenskyy congratulated Maia Sandu on her victory in Moldova’s presidential election, posting his message on X (formerly Twitter) on the morning of Nov. 4.

4 November 2024, 09:45 AM

Nova Poshta enters Dutch market, expands European reach to sixteen countries

Nova Poshta clients can now arrange shipments from Ukraine or request courier pickup for deliveries to any address in the Netherlands, the company’s press service reported.

29 October 2024, 02:51 PM

EBRD lowers Ukraine's 2025 GDP growth forecast

The European Bank for Reconstruction and Development (EBRD) has maintained its forecast for Ukraine's GDP growth at 3% in 2024 but downgraded its 2025 projection from 6% to 4.7%, its official statement wrote on Sept. 26.

26 September 2024, 01:30 PM

US Special Representative Pritzker to step down in September

U.S. Special Representative for Ukraine's Economic Recovery, Penny Pritzker, will step down from her role in September, Secretary of State Antony Blinken announced in a statement on Aug. 6.

6 August 2024, 08:37 PM

IMF maintains 2024 GDP growth forecast, warns of inflation risks

The International Monetary Fund has reaffirmed its forecast of global GDP growth at 3.2% for 2024, highlighting increased risks of inflation that could prolong high interest rates, IMF Chief Economist Pierre-Olivier Gourinchas said during the presentation of the updated World Economic Outlook (WEO), Ukrinform reported on July 16.

17 July 2024, 12:55 PM

Ukraine reaches upper-middle-income status, World Bank reports

For the first time in its history, Ukraine has been classified as an upper-middle-income country by the World Bank, according to its Data Blog published on July 1.

2 July 2024, 02:40 PM

Ukraine’s economic growth slows for third consecutive month

In May, Ukraine's GDP grew by 3.5% compared to 4.2% in April and 4.9% in March, with real GDP growth slowing for the third month in a row due to Russian attacks on Ukrainian power plants, reported Institute for Economic Research (IER) on its own analysis on June 17.

18 June 2024, 07:46 PM

Latvia to provide almost $13 million to Ukraine in next two years for infrastructure development

Latvia will provide Ukraine with €6 million ($6.4 million) for infrastructure development in both 2024 and 2025, the government announced on May 22.

23 May 2024, 10:36 AM

Despite attacks, Ukraine's economy expected to grow 3% in 2024 – UK intel

Despite regular attacks on Ukraine's energy infrastructure, the country's economy is expected to grow by about 3% in 2024, according to the latest British intelligence report published on May 16.

16 May 2024, 04:34 PM

Naftogaz earns $585 million in 2023

Naftogaz Group has got a profit of $585 million in 2023, a stark contrast to the $2 billion loss recorded in 2022, company's press service reported on May 7.

7 May 2024, 05:45 PM

What awaits Ukraine's GDP, the Ministry of Economy explained

Ukraine's economy is likely to grow by about 4.6% in 2024, although Russian attacks could worsen this figure, Economy Minister Yuliya Svyrydenko said during the Kyiv Investment Day Forum, Ukrainian state media outlet Ukrinform reported on May 2.

2 May 2024, 01:19 PM

Ukraine’s financial landscape: Rising food prices amidst economic recovery

There’s a noticeable uptick in consumer prices in Ukraine, with food items seeing a 0.4% increase in February alone. The biggest price jumps were in vegetables, beef, oil, dairy, soft drinks, rice, bread, fish, and fruits, according to the latest State Statistics Service report.

12 March 2024, 04:51 PM

economic growth

1
2