The Ukrainian government intends to conduct a review of key macroeconomic indicators related to the country’s economic and social development in the middle of the year. The main reason for this step is the negative consequences of winter attacks on the energy infrastructure, which have significantly affected the dynamics of the economy.
This is reported by Finway
The Ministry announces a slowdown in GDP growth
The Minister of Economy, Environment, and Agriculture Oleksiy Sobolev stated in a recent interview that the government traditionally reviews economic forecasts throughout the year. According to him, the current budget was formed based on a projected GDP growth of 2.4%. However, considering the negative GDP dynamics in January and February, this figure will be revised downwards.
“We always revise the forecast mid-year. Right now, we have the budget planned with a GDP growth of 2.4%, the forecast will be reduced because we had negative GDP in January and February.”
The National Bank adjusted its economic and inflation forecast
In addition to updating government forecasts, the National Bank of Ukraine has also downgraded its economic growth estimate for 2026. The financial regulator expects that inflationary processes will accelerate, which may affect the purchasing power of the population and the overall economic prospects of the country.