Page 8 - bne OUTLOOK 2022 Ukraine

3 Macro Economy
Source: WIIW
• GDP
The problems lead to various downgrades for Ukraine’s growth outlook.
The government downgraded its official forecast for 2021 from 3.4% from 4.1% predicted in April. Economic growth in 2022 was also downgraded slightly to 3.6% instead of 3.7%. According to the Ministry of Economics, the revision of indicators is mainly due to the slowdown in investment growth and challenges and threats of post-pandemic development.
IMF downgrades Ukraine's GDP growth estimate to 3.2% from 3.5% in the October forecast. However, the IMF has unchanged Ukraine's economic
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