IMF sees Ukraine’s economic growth at 3.2% on year in 2024 Journal Staff Report
The International Monetary Fund (IMF) has clarified the forecast for Ukraine's GDP growth in 2024 as part of the World Economic Outlook (WEO): it expects it at 3.2%, then during the third revision of the Extended Fund Facility (EFF) arrangement in March it was estimated within 3-4%. According to a publication on the IMF's website on Tuesday, the economic growth forecast for 2025 was maintained at 6.5%, which is higher than the 2023 figure, which was 5.3%, according to the State Statistics Service. The IMF also expects average annual inflation to slow to 6.4% this year from 12.9% last year and accelerate slightly to 7.6% in 2025.
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