According to the bank in 2018, Ukraine's GDP will rise from 3% to 3.5%, and in 2019 - to 4%. As stated in the World Bank's Global Economic Perspectives Brittle Recovery, in Ukraine, government stabilization efforts supported by international financial institutions and a very good harvest led to a sharp increase in 2.3% in 2016 after a cumulative fall of 15.8% In 2014-15 as a result of geopolitical tensions with Russia, "the Bank also points out that it improved the estimate of the growth of the Ukrainian economy in 2016 from 1% to 2.3% while maintaining the forecast for the current year at the level of 2%.

The report says that in general, the currencies of the countries - commodity exporters, to which he referred and Ukraine, strengthened, and inflation retreated. Commodity prices stabilized, and confidence grew, which helped to soften monetary policy, the bank explains, pointing to Ukraine as an example.

Among the factors constraining growth in countries such as Ukraine, Kazakhstan, Brazil, Russia, the WB names heavily deteriorated household balance sheets. The bank also pointed to the transport blockade of uncontrolled territories in the Donbass, which has already led to weak industrial production data.

Recall, as reported URA-Inform, earlier the World Bank criticized the economy of Ukraine. According to Satu Kakhkonen, Director of the World Bank for Ukraine, Belarus and Moldova, Kiev needs to conduct pension, land, medical and anti-corruption reforms for economic growth.