Shmyhal voiced optimistic forecasts regarding Ukraine’s economic growth in Berlin and called on German businesses to invest.

According to the current year’s results, Ukraine’s GDP will grow by more than 4%, even though the economy fell by 30% after the start of the war. In addition, inflation has already slowed to less than 9%, and international reserves are stable at about $40B. Also, there are prerequisites for restrained optimism, which is why the budget for 2024 includes a forecast of economic growth of 5%, said the Prime Minister of Ukraine Denys Shmyhal during the Sixth German-Ukrainian Economic Forum in Berlin.

As he added, in the war conditions, Ukraine managed to grow 7 million tons of grain more than last year. The Prime Minister noted that because of the improved Ukraine’s security capabilities thanks to Western weapons, investors have more reason to invest their money in Ukraine.