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Shmygal: More than 90% of Ukrainian enterprises have returned to pre-war capacities

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The head of government noted that after the Great War, the Ukrainian economy fell by 30%, but Ukraine showed stability.

More than 90% of Ukrainian enterprises continued their work and returned to their pre-war capacity. This was announced by the Prime Minister of Ukraine Denis Shmygal at the Made in Ukraine forum.

According to him, after the full invasion of Russia, the Ukrainian economy fell by 30%.

He also recalled that many experts believe that there will be an economic disaster in the state, but “just as experts underestimate the Ukrainian army on the battlefield, they underestimate Ukrainian businessmen on the home front.”

Shmygal spoke about the industries showing the fastest renewal rates. In particular, we are talking about construction, agriculture, domestic trade and the processing industry.

“Ukraine’s stability after two years of massive war is the result of the heroism of our Defense Forces and the result of the selfless work of Ukrainian business,” Shmygal stressed.

Let’s recall that IMF Managing Director Kristalina Georgieva noted that Ukraine, despite the war, has reduced inflation and restored prospects for economic growth. According to him, Ukraine “absolutely deserves” $42 billion.

Ukraine has agreed to the next tranche with the IMF
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Source: korrespondent

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