Ukraine’s economy could fall by a third this year and quickly recover next year, according to the central bank.
According to optimistic forecasts, the Ukrainian economy will collapse by a third this year and will show a rapid recovery next year. The economic situation during the war was assessed by Deputy Head of the National Bank Serhiy Nikolaychuk in an interview with the agency Interfax-Ukraine.
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“But there could be worse situations,” he said.
The representative of the NBU confirmed the forecast of the EBRD, according to which, after a decrease of 30% this year, next year the economy will grow by 25%. This is possible under a number of assumptions.
“One of them, of course, is the end of the conflict. The second is the resumption of large -scale support for Ukraine from international partners. Under such conditions, such a rapid recovery can really come true,” he said. said Nikolaychuk.
Note that the World Bank predicts a decrease in Ukraine’s GDP of approximately 45% in 2022. According to Ukraine, GDP will fall by 44%.
According to the Ministry of Finance, Ukraine is losing $ 5 billion per month due to the war, which is 5% of GDP.
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.