Shmyhal forecasts 4% Ukraine's GDP growth at yearend

Prime Minister of Ukraine Denys Shmyhal expects Ukraine's GDP to grow by 4% this year.

"A very rapid recovery this year. We expect 4% [GDP growth] in contrast to the forecasts given by international partners," Shmyhal said during the Kyiv International Economic Forum, an Ukrinform correspondent reports.

Ukraine is actively pursuing reforms in various areas which will lead to economic growth and improve the lives of the population, he added.

Read also: Ukraine's public debt exceeds $90B – PM Shmyhal

As reported, the World Bank left the forecast for Ukraine's GDP growth in 2021 at 3.8% but improved it for the next two years. According to the organization's forecasts, Ukraine's GDP will grow by 3.5% in 2022 and by 3.7% in 2023.

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