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International Monetary Fund worsens forecast for growth of Ukrainian economy for 2025

The Ukrainian economy remains resilient in the face of war, despite three years of war. At the same time, GDP growth will slow down due to the war and inflation, which has reached 12.9%.

The International Monetary Fund reported that according to the results of 2024, real GDP growth is estimated at 3.5%, but in 2025 it may slow down to 2-3% due to labor shortages, damage to energy infrastructure and a prolonged war.

It is noted that inflation continues to grow, reaching 12.9% in annual terms in January, which is due to rising food prices and wages.

Ukraine's international reserves reached USD 43 billion as of January 2025 thanks to external financial assistance.

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The IMF pointed to extremely high risks for the economy due to the uncertainty of the world outlook and Ukraine's further recovery.

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