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macroeconomics - Latest news GMK Center

Photo – Global economy expectation from Russian-Ukrainian war
Global economy expectation from Russian-Ukrainian war

Consequences of the aggression against Ukraine for the world gross product in 2022 will be at least -1% down growth, or $1 trillion

Photo – Ukrainian parliament’s committee recommends a bill on preferential import
Ukrainian parliament’s committee recommends a bill on preferential import

In case of passing the bill by Ukrainian parliament local authorities will be authorized to impose new taxes, and review current ones

Photo – Third of Ukrainian companies suspended activities, says Ministry of Finance
Third of Ukrainian companies suspended activities, says Ministry of Finance

Domestic, and foreign loans are the main source of covering state budget needs

Photo – Ukrainian infrastructure losses estimated $62.6 billion, KSE Institute
Ukrainian infrastructure losses estimated $62.6 billion, KSE Institute

15,000 km of roads, 5,000 km of railways have been destroyed, 15 airports, 350 bridges are laid out since the war began

Photo – Ukrainian Government stop business inspections under martial law
Ukrainian Government stop business inspections under martial law

Exceptions are inspections of price rises, human life, and health checks, national safety

Photo – The IMF forecasts a decline in Ukraine’s GDP in 2022 by at least 10%
The IMF forecasts a decline in Ukraine’s GDP in 2022 by at least 10%

The IMF also expects the inflation to rise to 20%

Photo – State Statistic Service evaluates Ukraine’s GDP growth in 2021 at 3.4%
State Statistic Service evaluates Ukraine’s GDP growth in 2021 at 3.4%

GDP in the mining industry amounted to UAH 364.2 billion

Photo – The Cabinets of Ministers evaluates losses from Russian aggression at $500 billion
The Cabinets of Ministers evaluates losses from Russian aggression at $500 billion

Since the beginning of the invasion the Russian invasion army destroyed 3.5 thousands objects of infrastructure

Photo – Ukrainian economy halved due to war – NBU
Ukrainian economy halved due to war – NBU

Ukrainian Сentral bank cannot estimate how many hundreds of billions of dollars it will take after the war to restore the economy

Photo – Industrial production in Ukraine increased by 1.1% in 2021
Industrial production in Ukraine increased by 1.1% in 2021

Production of steel and finished metal products increased by 5.2% over the year

Photo – The National Bank downgraded its forecast for Ukraine’s GDP growth in 2022 to 3.4%
The National Bank downgraded its forecast for Ukraine’s GDP growth in 2022 to 3.4%

Yet, the regulator expects a recovery of Ukraine’s economy and a 3.7% GDP growth in 2023

Photo – The Ministry of Economy downgrades its economic growth forecast for Ukraine to 3.6% in 2022
The Ministry of Economy downgrades its economic growth forecast for Ukraine to 3.6% in 2022

The new pandemic challenges keep affecting all economies in the world, including Ukraine

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