In seven months, Ukraine received $2.2B in direct foreign investment and seeks to develop its processing industry. According to the Minister of Economy of Ukraine, Yulia Svyridenko, Ukraine’s projected investment need for 2023-2032 is estimated at $90B. At the same time, the state plans to concentrate on dev... #GDPinUkraine #InvestmentsinUkraine #ProcessingPlantUkraine #UkraineEconomy #YuliyaSvyridenko
In the second quarter, Ukraine’s gross external debt increased to 92.7% of GDP. The amount of debt increased by $8.8B and, at the end of the half-year, amounted to $148.6B, the National Bank informs. In the second quarter, the public sector’s external debt increased to $84.... #financeUkraine #GDPinUkraine #nbu #ukrainedebt #UkraineEconomy
Ukraine’s economy grew by 8% in August. The growth of Ukraine’s real GDP in August remained close to 8% compared to August 2022, but the GDP was more than 20% lower than 2021’s level, the Institute of Economic Research (IER) rep... #GDPinUkraine #InflationinUkraine #internationalReserves #nbu #UkraineEconomy
The Ministry of Finance of Ukraine also “positively” revised its forecast for Ukraine’s GDP. According to 2023’s activity, Ukraine’s GDP will grow by more than 3%, Minister of Finance Serhii Marchenko said. “The balance of payments has been adjusted thanks to external infusi... #EUEconomy #GDPinUkraine #nbu #SerhiyMarchenko #UkraineEconomy
Ukraine observes falling inflation for the second month in a row, and the economic expectations of investors and the government are improving. Consumer prices in Ukraine decreased by 1.4% in August 2023, which led inflation in Ukraine in annual terms to fall to 8.6%, the State Statistics Service reported. In July, inflation was 11.3%, and in... #GDPinUkraine #InflationinUkraine #UkraineEconomy #YaltaConference #YuliyaSvyridenko
More Ukrainians are willing to stay abroad, causing a 7% GDP drop. The situation with Ukrainian refugees is not improving. According to the Center for Economic Strategy, a more active state policy for the return of citizens is needed. Between 1.3 million and 3.3 mill... #GDPinUkraine #RefugeesFromUkraine #RepatriationInUkraine #UkraineEconomy #UkrainiansAbroad
The Ukrainian economy is recovering faster than the NBU forecast. The absence of power outages and the further improvement of supply routes, including through the western borders, all have contributed to the Ukrainian economy’s growth, the National Bank of Ukr... #GDPinUkraine #nbu #UkraineEconomy
Ukraine’s government expects the GDP to grow by 3.2% this year. The Ministry of Economy reported that they are currently observing the recovery of economic growth after significant losses. The economy continues to adapt to the current challenges of the war success... #GDPinUkraine #UkraineEconomy
Every 100 000 refugees reduce Ukraine’s GDP by $1B. Considering that Ukraine’s pre-war, 2021 GDP was almost $200B, the forced emigration of every 100,000 Ukrainians due to the Russian invasion has caused a decrease in Ukraine’s annual GDP b... #GDPinUkraine #RefugeesFromUkraine #RepatriationInUkraine
The National Bank expects the state budget deficit to grow next year. In July, the regulator lowered its forecast for this indicator to 16.8% of GDP. Thus, considering grants, it is predicted that the consolidated budget deficit will reach UAH 1.28T. In the April report... #GDPinUkraine #nbu #UkraineBudget #UkraineBudgetDeficit #UkraineEconomy
The NBU expects Ukraine’s GDP to grow by 2.9% this year and notes the positive impact of military aid to Ukraine on the economy of Western countries. As noted in the July National Bank Inflation Report, economic growth will accelerate in the coming years, considering the National Bank’s assumption that security risks will decrease in mid-2024... #GDPinUkraine #InflationinUkraine #nbu #UkraineEconomy
The NBU improves its GDP forecast for this year but lowered it for 2024. The national bank expects the Ukrainian economy to grow by 2.9% this year compared to the previous forecast of 2%. The further recovery of Ukraine’s economic activity will be facilitated by the ... #GDPinUkraine #nbu #UkraineEconomicActivity #UkraineEconomy
Ukraine’s GDP growth in the last 12 months increased by 20%. Ukraine’s GDP growth in the second quarter of 2023 compared to the second quarter of 2022 was about 20-21%, reported the Institute for Economic Research and Policy Consulting (IER). In the month... #GDPinUkraine #UkraineEconomy #UkraineIndustry #UkraineRecovery
The EU predicts Ukraine’s GDP will grow this year. The Spring 2023 Economic Forecast states that Ukraine’s economy will stabilize this year, and GDP may grow by 0.6%. And after a year, growth may reach 4%. This growth is forecast even though dur... #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy
Ukraine was included in the European economic forecasts for the first time in the Spring 2023 Economic Forecast. On July 16, during the meeting of the G7 financial bloc, EU Economic Commissioner Paolo Gentiloni emphasized that in 2023 Ukraine will be included in the regular review of structural features, economi... #GDPinUkraine #PaoloGentiloni #UkraineEconomicForecast #UkraineEconomy
The IMF has improved its economic assessment of Ukraine. Real GDP growth in Ukraine as of May has already reached +2.4% compared to -29.1% at the end of last year, while inflation indicators have decreased and conditions on the foreign exchange market have ... #GDPinUkraine #imf #InflationinUkraine #StateBudgetUkraine #UkraineEconomy
Ukraine will lose $113B of GDP over ten years from the loss of refugees who do not return. It could also mean a loss of about $45B in tax revenue, according to a study by the Center for Economic Recovery and EasyBusiness. It is noted that about 2.1 million displaced people are members of th... #GDPinUkraine #RepatriationInUkraine #UkraineEconomy #UkraineRefugees #WorkForRefugees
Economic recovery in Ukraine has begun: 2.4% GDP growth has been recorded. The State Statistics Service recorded an increase in Ukraine’s real GDP in the first quarter of 2023 compared to the fourth quarter of 2022. The seasonally adjusted growth rate was 2.4%, the Ministry ... #GDPinUkraine #UkraineEconomy #YuliyaSvyridenko
The EBRD presents its forecast for the Ukrainian economy. According to the European Bank for Reconstruction and Development, the growth forecast is at 1% this year and 3% in 2024, assuming the war continues throughout this period at the same intensity as at ... #ebrd #GDPinUkraine #InflationinUkraine #UkraineEconomy
Ukraine needs $250B in foreign investment over five years for rapid recovery. According to an EBRD assessment, for a quick recovery the inflow of foreign capital should reach $50B per year for five years. At the same time, the bank noted that only 29% of economies reached their... #EBRDinvestments #GDPinUkraine #UkraineEconomy #UkraineInvest #UkraineRecovery
The European Commission predicts 0.6% growth for Ukraine’s economy this year. On May 15, according to European Commission, after falling by about 29% last year, the Ukrainian economy is expected to grow by 0.6% this year, and by 4% in 2024, European Commissioner for Economy Pao... #GDPinUkraine #PaoloGentiloni #UkraineEconomicForecast #UkraineEconomy
Last year, aid from international partners provided 27% of Ukraine’s budget revenues. According to the 2022 state budget report, as noted by the Ministry of Finance, state budget revenues amounted to almost UAH 1.8 trillion, a significant portion of which was UAH 481.1B in grants from ... #financialaidforUkraine #GDPinUkraine #UkraineBudget2022
Domestic economists are convinced that Ukraine will keep playing catch up with economic growth through 2030. The Ukrainian economy reached its lowest point in April-May 2022 and has been showing a slow and steady recovery trend ever since. Ukraine’s GDP, which fell from $200B to $158B in the first year... #GDPinUkraine #UkraineEconomy #UkraineRecovery
Ukraine identifies the hardest hit sectors of the economy from the war. The State Statistics Service has published an estimate of Ukraine’s 2022 gross domestic product based on the production method. The data shows that the most significant drop is in construction at 67.6... #GDPinUkraine #UkraineEconomy
The Ministry of Economy gives their final assessment of Ukraine’s 2022 GDP. In 2022, Ukraine’s economy suffered the most significant losses in its entire history of independence due to the Russian invasion that started on February 24. The GDP decrease is estimated at 29.2%, t... #GDPinUkraine #UkraineEconomy
The World Bank worsens its forecast for Ukrainian GDP. After falling by 29.2% last year, the bank believes that Ukraine’s GDP will grow by only 0.5% in 2023 and by 3.5% next year. In January, the World Bank expected faster growth in the Ukrainian ec... #GDPinUkraine #UkraineEconomy #worldbank
Ukraine’s GDP fall in February improves over January. February 2023’s decline in GDP was 26%, which is better than January’s figure of 32%, the Ministry of Economy has stated. According to the head of the ministry, Yulia Svyridenko, in February eco... #GDPinUkraine #UkraineEconomy #YuliyaSvyridenko
The government has worsened its forecast for Ukraine’s 2023 GDP growth. The Ministry of Economy of Ukraine has worsened its forecast for the growth of the country’s GDP in 2023 from 3.2% to 1%, said Deputy Head of the Ministry of Economy Oleksiy Sobolev. He explaine... #GDPinUkraine #InflationinUkraine #OleksiySobolev
Ukraine will lose up to 7.7% of its GDP if not all refugees return following the war. Even after the war ends, between 860,000 to 2.7 million Ukrainian refugees may remain abroad. According to a study by the Center for Economic Strategy, this will lead to GDP losses from 2.55% to 7.71%... #GDPinUkraine #RefugeesFromUkraine #RepatriationInUkraine
The IMF has published economic forecasts assessments for the coming years. According to 2022’s results, Ukraine’s GDP will decrease by approximately 35% states an IMF report on Ukraine. It is noted that the war has continued for longer than expected, but on the other h... #GDPinUkraine #IMFeconomyForcast #InflationinUkraine
Ukraine’s 2023 state budget passes the first reading. Deputies have adopted a resolution on conclusions and proposals for the document, the Ministry of Finance said. In the 2023 state budget draft, 45% of expenditures are planned for security and defense... #GDPinUkraine #UkraineStateBudget
Concorde Capital predicts a 31% GDP drop this year. However, the investment company believes GDP will grow by 8% in 2023 if half of the current negative factors are resolved by the end of 2022, and by the end of 2023, they will all be eliminated. Analy... #ConcordeCapital #GDPinUkraine
Holders of Ukraine’s GDP warrants approve the restructuring proposal. Holders of 91% of the notional value of GDP warrants in circulation have approved Ukraine’s proposal to postpone payments and revise their terms. It is noted that holders of approximately 93% of... #BondsUkraine #EuroBondsUkraine #GDPinUkraine
Fitch gives a negative forecast for Ukraine’s GDP, inflation, and budget deficit. The international Fitch Ratings agency predicts Ukraine’s state budget deficit in 2022 will be at 29.1% of GDP, which is a record-high indicator. The growth of consumer prices in Ukraine will ac... #FitchRatings #GDPinUkraine #InflationinUkraine
Last year, Ukraine weathered the Covid recession comparatively well. According to figures compiled by Alfa-Bank Ukraine, the GDP drops for 2020 were: Poland – 2.8%; US – 3.5%; Ukraine – 4.1%; Germany – 5%; Czech – 5.6%; EU – 6.4%; France – 8.3%; Italy – 8.8%; and Spain... #GDPdrop #GDPinUkraine
Ukraine’s full bore coronavirus vaccination campaign may be delayed from March to April Ukraine’s full bore coronavirus vaccination campaign may be delayed from March to April because of government paper work delays in China and Ukraine, reports Reuters. Last week, Ukraine’s Lekhim asked... #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
Dragon Capital wrote Dragon Capital wrote: “The updated restructuring terms mark a significant improvement over the previous version…The new proposed DTEK Energy bond structure is also simpler than the previous variant an... #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
Vaccinations are scheduled to start Monday, drawing on an expected shipment of 117,000 Pfizer vaccines. President Zelenskiy talked on the phone Monday afternoon with Albert Bourla, Vaccinations are scheduled to start Monday, drawing on an expected shipment of 117,000 Pfizer vaccines. President Zelenskiy talked on the phone Monday afternoon with Albert Bourla, CEO of Pfizer Pharm... #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
All Ukrainians should have access to vaccines by the end of this year, All Ukrainians should have access to vaccines by the end of this year, Health Minister Maksym Stepanov told ICTV’s Freedom of Speech program. He vowed: “We want to ensure that 100% of the population h... #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
Ukraine’s turn last month to Britain’s Crown Agents to buy coronavirus vaccines illustrates the difficulty in breaking ingrained traditions of drug profiteering at the Health Ministry Ukraine’s turn last month to Britain’s Crown Agents to buy coronavirus vaccines illustrates the difficulty in breaking ingrained traditions of drug profiteering at the Health Ministry, Pavlo Kovtoniuk... #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
The vaccination of 10 million Ukrainians at risk – about one third of all adults – is a condition for Ukraine receiving The vaccination of 10 million Ukrainians at risk – about one third of all adults – is a condition for Ukraine receiving a $30 million World Bank loan this spring under its Covid-19 Emergency Response ... #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
US support to Ukraine for combatting the pandemic totals $48 million over the last year US support to Ukraine for combatting the pandemic totals $48 million over the last year, Kristina A. Kvien, US Chargé d’Affaires, told the Coronavirus Forum on Monday. She said the money has gone to b... #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
Germany is proving Ukraine with a €13.1 million medical care grant that includes supplying equipment for outpatient diagnosis and treatment of coronavirus Germany is proving Ukraine with a €13.1 million medical care grant that includes supplying equipment for outpatient diagnosis and treatment of coronavirus. This grant, and a second one for €23.5 milli... #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
Talks with IMF will be delayed to the spring, making a staff level agreement in May the optimistic scenario Talks with IMF will be delayed to the spring, making a staff level agreement in May the optimistic scenario, Liga.net reported in a lengthy story, citing unnamed Rada members and Central Bank official... #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
Dragon writes Dragon writes: “The government has sufficient liquidity buffers to proceed without IMF financing until end-May (assuming full rollover of domestic debt), but faces an increase in fiscal funding needs ... #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
The Finance Ministry increased 2.5-fold its sale of bonds yesterday The Finance Ministry increased 2.5-fold its sale of bonds yesterday, but kept yields largely unchanged at the weekly auction, according to results posted on Facebook. Of the total $467 million in doll... #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
With snow and sub-freezing temperatures forecast through Friday, restrictions on trucks entering Kyiv are expected to continue off and on. With snow and sub-freezing temperatures forecast through Friday, restrictions on trucks entering Kyiv are expected to continue off and on. At a peak, 3,000 trucks were stopped outside the capital, wit... #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
Due to the cold temperatures, coal reserves at thermal power plants fell sharply during the first week in February, hitting 57% of minimum, required volumes Due to the cold temperatures, coal reserves at thermal power plants fell sharply during the first week in February, hitting 57% of minimum, required volumes, Ukrenergo reported yesterday. To fill the ... #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
DTEK Energy has announced a tentative agreement with bond and bank debt holders to restructure much of its $2 billion bond and bank debt DTEK Energy has announced a tentative agreement with bond and bank debt holders to restructure much of its $2 billion bond and bank debt. After 10 months of negotiations, the deal’s center piece is ex... #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
Analysts generally welcomed the proposed exit from a default that rattled investors last March: Analysts generally welcomed the proposed exit from a default that rattled investors last March: #Bondssale #Covidfinancialaid #DTEK #DTEKEnergy #economyofukraine #GDPinUkraine #newsukraine #Steelproduction #ukrainebonds #Vaccinationpostponed
