EBRD retains outlook for Ukraine economy growth

EBRD retains outlook for Ukraine economy growth

The European Bank for Reconstruction and Development (EBRD) believes the growth of Ukraine's economy in 2021 and 2022 is expected at 3.5%.

That’s according to the EBRD press service, Ukrinform reports.

Ukraine's GDP is expected to grow by 3.5% annually in 2021 and 2022.

Read also: Oschadbank to receive EUR 100M from EBRD in subordinated loan

According to the EBRD, a good grain harvest and continued business growth will contribute to economic growth, while the main risks for the economy remain the slow pace of vaccination and that of reform progress.

As Ukrinform reported, in June 2021, the EBRD published an outlook suggesting Ukraine's gross domestic product will grow by 3.5% in 2021 and 2022.


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