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The Guardian - UK
The Guardian - UK
World
Heather Stewart Economics editor

Ukraine’s economy could grow by 5% next year if hostilities end, EBRD says

EBRD Beata Javorcik Ukraine Economy Donald Trump European Union Rachel Reeves Europe Kyiv
Ukrainians make their way along a rubble-strewn street
Kyiv after a Russian attack last December. Ukraine’s economy is forecast to grow by 3.5% this year but inflation is at 12%. Photograph: Daniil Bashakov/AP

The war-torn Ukrainian economy could expand by 5% next year if a ceasefire is agreed, the European Bank for Reconstruction and Development (EBRD) has predicted – but prospects for reconstruction depend on a lasting peace.

The London-based lender has invested $6.2bn (£4.9bn) in projects in Ukraine over the course of the three-year conflict.

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