“The growth forecast for 2025 is preserved at 2-3%, since the lesser energy deficit is compensated by a decrease in gas production and the weaker export of agricultural products,” the release said.
The IMF emphasized that due to the pressure produced by the Russian war, Ukraine needs an additional budget for 2025. The medium -term fiscal course was revised “to better reflect the political intentions of the authorities regarding the mobilization of income and determining the priorities of expenses.”
It is also noted by the National Bank of Ukraine (NBU) of a tough monetary policy in response to high inflation, the expectations of the latter “remain stable.”
The fund calls the currency reserves “sufficient” due to the constant significant external support. The general prospects in Ukraine are defined as “extremely vague.”
