The macroeconomic forecast for next year is a consensus between the Cabinet of Ministers, the NBU and international financial organizations, the head of government noted.
According to the macroeconomic forecast, in 2023 the average annual dollar exchange rate will change around UAH 42. This is what Prime Minister Denys Shmyhal said on Tuesday, September 13.
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“As part of the macro forecast, next year the economy will grow by 4.6% in real terms and by 37% in nominal terms. The average salary is about UAH 18.5 thousand, inflation may reach 30%, the average annual dollar exchange rate will change around UAH 42” – he said at a Cabinet meeting.
The head of the government noted that the aforementioned macroeconomic forecast for next year is a consensus between the Cabinet of Ministers, the National Bank and international financial organizations, because depending on the situation at the front, the economy of Ukraine in 2023 ” can fall by 0.4% or rise by 10% and more percentages.
As for the draft budget for 2023, Shmyhal emphasized that it is “a conservative average pessimistic calculation, because this year Ukraine lives in a situation where the budget is reviewed monthly depending on priority funding needs.”
As reported, on the eve of the Ukrainian government approved the draft state budget of Ukraine for 2023. According to the document, the expected GDP is set at UAH 6,371.3 billion, and GDP growth is +2.5% compared to 2022 (where the expected fall is -33.1%). Inflation, preliminary, will be +30%.
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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.