Financiers talk about the positive impact on GDP of the partial unblocking of grain exports from the ports of the Odessa region to EU countries, as well as the acceleration of the speed and volume of grain harvest
The real gross domestic product of Ukraine in April-June 2022 decreased by 19.1% compared to the previous quarter, and by 37.2% compared to the second quarter of 2021. On Thursday, September 8, writes Interfax with reference to the Ministry of Economy of Ukraine.
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They note that this indicator has become somewhat more optimistic than its forecast estimate of 40.6%. At the same time, in August, according to the ministry, the GDP indicator decreased by approximately 35% compared to last year.
“That means, there is a slight slowdown in the rate of decline of GDP,” the experts emphasized.
Overall, the Ministry of Economy predicts a decline in GDP in 2022 of 33.2%. The department said that such forecast is based on trends observed in the second quarter and August of this year.
“August’s macro indicators were positively affected by the partial unblocking of grain exports from the ports of the Odessa region to EU countries, as well as the acceleration of the speed and volume of harvesting of grain in territory controlled by Ukraine,” the agency added. .
Earlier, the Minister of Finance Serhiy Marchenko said that borrowing remains the only effective way to increase the revenues of the state budget of Ukraine in the current conditions.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.