By doubling spending on road construction, the government averted a steep drop in the construction sector during the first half of this year, according to Oleksiy Blinov, Economist for Alfa-Bank Ukraine. Big spending on roads pulled up infrastructure output by 12%. By contrast, housing construction was down 19%. Overall construction was down 5.5% during the first half, compared to January-June 2019.
By doubling spending on road construction, the government averted a steep drop in the construction sector
