According to World Bank estimates, Ukraine's economic prospects remain conditional on donor support and the duration of the Russian invasion. The pace of economic recovery will slow to 3.2% from 4.8% in 2023. This is stated in the World Bank's Economic Outlook for Europe and Central Asia, Ukrinform reports.
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In Ukraine, the pace of economic recovery will slow down to 3.2% this year from 4.8% in 2023, reflecting a smaller harvest and persistent labor shortages. The country's economic prospects remain conditional on donor support and the duration of the Russian invasion,” the report says.
According to the latest estimates from the World Bank and partner organizations, the cost of recovery and reconstruction in Ukraine has risen to $486 billion, more than doubling exceeds the size of the pre-war economy of Ukraine in 2021.
Recall
According to state statistics, annual inflation in Ukraine fell to 3.2% in March 2024. This is the minimum value since October 2020. when annual inflation was 2.6%.
