Economic activity resumed in February-March after the end of last year’s energy terror provoked by the Russian Federation, said Deputy Chairman of the NBU, Serhiy Nikolaychuk.
The improvement in business expectations evidences the recovery – the index of business activity has almost reached a level of equilibrium, including an increase in the number and turnover of cafes and restaurants and an increase in average daily production in some branches of metallurgy, in particular steel and cast-iron production.
At the same time, it is noted that despite the gradual improvement of the macroeconomic situation, the country’s total reconstruction will require significant resources.
The World Bank estimates Ukraine’s financing needs for recovery and reconstruction at $411B, of which $14B are critical needs that must be covered this year.