KYIV, Sept 18 – The macro-economic forecast of the Ministry of Economy, which forms the basis of the draft state budget 2024, assumes a sharp improvement in the security situation from the second half of next year and, as one consequence, an acceleration of economic growth to 5% in 2024 and 7-7.5% in 2025-2026.

"Ukraine's further economic development depends on the duration and active phase of military operations... Thanks to the military successes of Ukrainian defenders, a significant reduction in security risks is expected from the second half of 2024, which will have a positive impact on the indicators of economic and social development of Ukraine for 2025-2026," the ministry said in the document.