Among the negative factors that affected the economy, the Ministry of Economy highlights the weather and the actions of the invaders.
According to the results of the three quarters of this year, the fall in the gross domestic product in Ukraine is estimated at 30%. This is confirmed by the operational data of the Ministry of Economy of Ukraine.
“The Ministry of Economy, using indirect calculation methods and modeling tools based on indicators of the behavior of economic entities, estimates the fall in GDP last month, as in August, at approximately about 35%. In general, according to the results of the first three quarters of 2022, the fall in GDP in Ukraine is estimated at the 30% level,” the statement said.
We negative factorthat affected the economy, highlight the period and the actions of the conquerors. Due to prolonged periods of rain in some regions, the pace of grain harvesting slowed down in September, which negatively affected the amount of harvested products.
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In addition, the unstable operation and periodic disconnection of the occupied ZNPP from the energy system of Ukraine forced the redistribution of the load between other participants in the system, which put great pressure on the entire Ukrainian energy system.
The situation at the front improved in September, but the enemy continued to attack Ukrainian territory, putting pressure on business sentiment and logistics. The continuation of hostilities in Ukraine, the further destruction of production facilities, infrastructure and residential buildings, as well as the uncertainty about the duration of this situation, prevents further development and postpones active recovery .
According to the estimates of the Ministry of Economy of Ukraine, the situation is rather complicated and tense, although controlled, which, accordingly, affects the economy.
Mentioned as belonging to positive economic factor there was an improvement in the dynamics of transportation, both due to the growth of exports of agricultural products by sea, and due to the increase in the volume of cargo transportation by rail.
“Thus, thanks to the implementation of the “grain initiative” through the ports of Big Odessa, 5.5 million tons of agricultural products were exported in August-September. In September, compared to August, the number of -export product has increased more than 2 times, and the number of ships leaving the ports , – almost three times,” said the message.
At the same time, last month the volume of Ukrainian exports in monetary terms increased by more than 23%, compared to August this year, which is a record amount since the beginning of the full invasion of the Russian Federation.
It should be noted that the Ukrainian authorities expect that the economy will fall by almost 33% this year, and growth of more than 15% next year.
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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.