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Ukraine’s economic growth in 2023 will be ‘barely noticeable,’ ICU says
Journal Staff Report

KYIV, March 28 – The economic recovery will be barely noticeable in 2023, a moderate GDP growth of 2% is expected, which implies the economic output will be at 71-73% of the pre-war level, such a macroeconomic forecast was published by the ICU investment group on Tuesday.

"The Ukrainian economy has stabilized and, assuming no major escalation of the war, we expect an otherwise uneventful 2023. Real GDP is set to stay close to last year's level following a 29% contraction in 2022," according to the statement.




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