Ukraine's economy slows down

Ukraine's economy slows down
Ukraine's economy slows down

According to World Bank forecasts, Ukraine's economy will slow down by 2% in 2024. Meanwhile, the global economy is expected to grow by 2.7% in 2025 and 2026, which is similar to the forecast for the current year, Forbes reports.

The expected slowdown in Ukraine's economic growth to 3.2% in 2024 is linked to issues such as reduced energy capacity and winter power outages. 

These factors have negatively impacted trade and industrial production, complicating economic recovery.

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