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Ukraine GDP projected to grow 4.5% amid $589 billion reconstruction efforts
Ukraine's economy is projected to grow by 4.5% this year, marking a significant recovery following a 30% GDP collapse in 2022. According to Jane Edmondson, head of index product strategy at TMX VettaFi, approximately 90% of businesses within the country are currently fully operational.
Reconstruction efforts are already underway, with total costs for recovery estimated at approximately $589 billion. This figure is based on a joint assessment conducted by the Ukrainian government, the World Bank, the European Commission, and the United Nations. Experts suggest that investors may not need to wait for a formal peace agreement to begin gaining exposure to the country's rebuilding process.
Entities
European Commission · Jane Edmondson · TMX VettaFi · Ukraine · United Nations · World Bank
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Ukraine's GDP is expected to grow by 4.5% this year. www.pressen.se
- [● 2 SOURCES] Approximately 90% of companies in Ukraine are now fully operational. www.pressen.se
- [● 2 SOURCES] The cost for Ukraine's reconstruction and recovery is estimated at approximately $589 billion. www.pressen.se
- [● 2 SOURCES] Ukraine's GDP collapsed by 30% in 2022. www.pressen.se