As a sequel to the government printing money to stimulate spending and investment, inflation will triple, rising to 7.3% in December 2021, from 2.4% last month. The hryvnia will devalue 5% from current levels, averaging 29.1 hryvnia to the dollar in 2021. Through 2023, imports will increase by 22%, to $86 billion, and Ukraine’s trade deficit will increase by 63%, to $17 billion, according to the forecast approved yesterday by the Cabinet of Ministers.
As a sequel to the government printing money to stimulate spending and investment, inflation will triple,
