Finance

J.P. Morgan has predicted that Ukraine’s GDP will grow by 5.6% this year,

Tuesday, April 27, 2021

said the bank in its April commentary. This is higher than Ukraine’s Central Bank, which lowered its forecast last week to 3.8%. The Economy Ministry came out last week with a ‘consensus forecast’ of 4.1%. J.P. Morgan bases its optimism on EU and global growth in the second half, and on a rebuilding of inventories and a jump in investment in Ukraine. The bank also has predicted that IMF money will flow again to Ukraine in August-September.

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ICU wrote yesterday, referring to the government hryvnia bond market:

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