Decisive reforms have helped to stabilize Ukraine's economy, reduce large imbalances, and cushion the impact of the shocks on the population. However, poverty is estimated to have increased significantly, economic prospects remain weak, and the fiscal outlook remains challenging.
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April 4, 2017 — Economic growth is projected at 2 percent in 2017, but reforms are needed to boost growth to 4 percent in 2018-19 and address significant fiscal and external vulnerabilities.
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The project aims at improving the energy efficiency of 10 district heating utilities around the country – saving energy, reducing CO2 emissions, and improving heat supply for over 3 million beneficiaries.
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