The government forecasts the growth of Ukraine's GDP by 4.6% in 2024

Despite Russian aggression, now in its third year, the Ukrainian economy will continue to recover from a large-scale decline in 2024 and is likely to grow by about 4.6%.
This was reported by First Vice Prime Minister, Minister of Economy Yulia Svyridenko at the Kyiv Investment Day forum, Ukrinform writes.
"We expect that this year the economy will continue to recover - at least by 4.5-4.6%. Of course, the indicators may be worse due to missile attacks, primarily on the Ukrainian energy infrastructure, but our basic forecast is still at the level of 4.6% ", Svyridenko said.
According to her, after a large-scale drop of almost 30% in 2022, last year Ukraine's economy already showed growth at the level of at least 5.3%.
The drivers of growth will be the development of the domestic military-industrial complex and export activities. The Ministry of Economy has calculated that the localization of half of the budget for the purchase of weapons will provide an additional increase in GDP by at least 3.6%.
Another important factor is the expansion of the maritime export corridor not only for agricultural, but also for other products, including metallurgical and goods with high added value. The development of new energy capacities and decentralized highly maneuverable generation in Ukraine is also a priority.
"This is critically important for us. As, of course, is the expansion of Ukraine's energy capabilities, the development of new energy capacities. We need to build and develop decentralized, highly maneuverable generation," Svyridenko emphasized.
Svyridenko emphasized that economic recovery despite the war is an important argument for investing in Ukraine right now. After all, such a situation is rare in world practice.
The NBU worsened the economic growth forecast for this year
Despite such a positive assessment from the Ministry of Economy, according to the estimates of the National Bank of Ukraine, the growth of the economy in the current year will be only 3%, and in the next - 4.5%. The forecast for GDP growth has worsened due to the consequences of Russia's large-scale attacks on Ukraine's energy infrastructure.
It should be noted that as a result of the recent shelling by the Russians on energy facilities, Ukraine may lose 1% to 2% of its GDP this year, as these strikes have had the effect of reducing revenues from the sale of electricity and reducing industrial production, especially in sectors that require significant energy resources.
According to the regulator, in the first quarter of 2024, real GDP growth was weaker than expected.
At the same time, according to the regulator's forecasts, positive scenarios can be realized, for example, the expansion of export opportunities, the transfer of funds to Ukraine from frozen Russian assets, the acceleration of European integration processes, the implementation of a large-scale recovery program for Ukraine.

https://budport.com.ua/news/28719-uryad-prognozuye-rist-vvp-ukrajni-na-46-u-2024-roci