Financial sector news

Ukraine expects GDP growth of 2% in 2025 — Ministry of Economy

The Ukrainian economy will grow by 2% in 2025. This forecast was announced by Minister of Economy, Environment, and Agriculture Oleksiy Sobolev during meetings with investors at the 80th anniversary summit of the UN General Assembly in New York. According to him, the drivers of growth will be industry, manufacturing, energy, and the agricultural sector.

The minister held a series of meetings with the leadership of international organizations, development institutions, and businesses. Among the key agreements:

Industrial recovery — Ukraine and UNIDO will work on green industrial recovery and new financing mechanisms.
Financial priorities — privatization and the formation of a comprehensive economic strategy have been agreed with the World Bank.
Agricultural sector — a strategy for Ukraine for 2025–2027 and the purchase of Ukrainian products were discussed with the WFP, while investments of up to $15 million in rural development, irrigation, and logistics were discussed with IFAD.
Investments — at a meeting with global investors (BALYASNY, Lazard, JPMorgan, PIMCO, Vanguard, HSBC), the work of the US-Ukraine Investment Fund for Reconstruction with a starting capital of $150 million was discussed.
Digitalization — the tools “eDovizh,” “Pulse,” and “EcoSystem” were presented at the Mastercard Digital Ambassadors Forum.
Energy security — at the Atlantic Council summit, Sobolev emphasized that abandoning Russian energy resources strengthens the transatlantic partnership, and Ukraine's experience in protecting energy systems is valuable for Europe.

“The first day in New York showed that Ukraine has strong international support. This is a crucial component of our joint efforts to achieve victory and further sustainable economic development,” Sobolev stressed.

 

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The mission of the Association of Ukrainian Banks is to support the development of the national banking system. The AUB cooperates with the Verkhovna Rada of Ukraine on improving the legislation governing banking activities, and interacts with the National Bank of Ukraine on regulatory support for the functioning of banks and non-bank financial institutions. The CBA takes care of the professional development of bank employees, expands international relations with associations and banking institutions of other countries.

 

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