Fitch has confirmed Ukraine’s likely default and improved Ukraine’s GDP growth forecast to 5.1% this year. International rating agency, Fitch Ratings, has confirmed Ukraine’s long-term issuer default rating (EDR) in foreign currency at the CC level. Fitch expects the war to continue through 2024. At ... #defaultinukraine #FitchRatings #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #WarinUkraine
Ukraine’s economy is recovering faster than forecast, but how will it do in the next two years? The rate of recovery of the Ukrainian economy in 2023 exceeded initial forecasts, and the locomotive of positive change was the ability of Ukrainian businesses to adapt to the challenging conditions o... #GDPinUkraine #InflationinUkraine #nbu #UkraineEconomicForecast #UkraineEconomy
The government of Ukraine gives a price forecast for the near future. The growth of consumer prices in Ukraine will slightly accelerate in the coming months, but overall inflation will remain moderate. As noted in the Ministry of Economy’s review, price growth is ... #InflationinUkraine #UkraineEconomicForecast #UkraineEconomy
Concorde Capital forecast for Ukraine’s GDP growth is 6% this year and no more than 3% in the future. The Ukrainian economy will grow by about 6% in 2023, and in the future, economic growth will not exceed 3% per year, predicts the CEO of investment company Concorde Capital, Ihor Mazepa. “We wer... #ConcordeCapital #GDPinUkraine #IhorMazepa #UkraineEconomicForecast #UkraineEconomy
Most Ukrainians count on an economic boom in post-war Ukraine. Currently, 21.2% of Ukrainians believe that rapid economic growth (5-7% of GDP per year) will begin in Ukraine within 1-2 years after the end of the war. Also, 48.5% think economic growth will start w... #SociologicalSurvey #UkraineEconomicForecast #UkraineEconomy
The World Bank has improved its economic forecast for Ukraine. The World Bank forecasts Ukraine’s GDP to grow by 3.5% in 2023 and 4% in 2024, which is 1.5 and 0.5 percentage points higher than its June estimates, according to the updated economic forecast f... #GDPinUkraine #UkraineEconomicForecast #UkraineEconomy #worldbank
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 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
Moody’s downgraded Ukraine’s rating, but the future forecast is stable. Moody’s Investors Service lowered Ukraine’s rating from Caa3 to Ca but changed the forecast from negative to stable. The rating was reduced after assessing the risks caused by the war’s co... #Moodys #UkraineEconomicForecast #UkraineEconomy
Ukraine has developed an alternative economic scenario in the event of the war’s continuation through the middle of 2024. If the war drags on until mid-2024, the growth of the Ukrainian economy will be only 1.9% in 2023, and 2.5% in 2024, and international reserves will fall to the critical $12.6B level in 2024, the NBU... #nbu #UkraineEconomicForecast #WarinUkraine
The EBRD has worsened Ukraine’s economic forecast for 2023. The EBRD maintained its May forecast for the Ukrainian economy’s decline in 2022 but lowered its projections for Ukraine’s economic growth next year. Earlier this year, the EBRD predicted the drop in... #ebrd #UkraineEconomicForecast
Moody’s downgrades Ukraine’s sovereign credit rating. The Moody’s rating agency downgraded Ukraine’s long-term credit rating from Caa2 to Caa3 and negatively changed the outlook. The downgrade is due to increased risks in servicing Ukraine’s publi... #Moodys #UkraineEconomicForecast #UkraineEconomy
