KYIV, July 26 – The ICU investment group has revised Ukraine's macroeconomic forecast for 2023-24 upwards, in particular, it expects real growth in Ukraine's gross domestic product (GDP) this year by 5.8% with inflation of 11.2%, while in March - 2% with inflation of 15-16%.

"The Ukrainian economy continues to exceed expectations by a significant margin thanks to uninterrupted flows of international financial aid. GDP growth may exceed 5% this year, as the better safety situation helped improve business sentiment," Vitaliy Vavryschuk, Head of the Macroeconomic Research Department, said.