The World Bank has maintained its GDP growth forecast for Ukraine at 3.2% this year

Illustrative image. Photo: ukrinform.ua

Just as at the beginning of this year, the World Bank expects Ukraine’s economy to grow by 3.2% by the end of 2024, according to the World Bank’s press service.

The World Bank’s forecast also predicts a 2% GDP growth for Ukraine in 2025 and 7% in 2026.

The bank explains that the likely slowdown in Ukraine’s economic growth next year will be caused by significant losses due to Russia’s invasion and major disruptions in electricity supply.