Ukraine

The IMF lowered its economic growth forecast for Ukraine due to continued Russian attacks on infrastructure. The IMF expects growth to be between 2.5% and 3.5% in 2024, down from the previous estimate. It also lowered the growth forecast for next year to 5.5%. That outlook came alongside the lender’s final approval Friday to release USD 2.2 bln from Ukraine’s USD 15.6 bln aid package.