macroeconomics

Almost half of the expenditures of the 2023 state budget are Western aid

The government expects next year GDP growth of 3.2% and inflation at the level of 28%

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The Cabinet of Ministers has worsened the forecast of Ukraine’s GDP growth in 2023 to 3.2%

According to the draft state budget for 2023 for the second reading, inflation next year will be 29%

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The government approved a resolution on aid to enterprises affected by the war

Enterprises that lost their production facilities due to the war will be able to receive up to UAH 60 million in soft loans

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The IMF has worsened the global economic growth forecast for 2023

The estimate of global international growth for 2022 remained unchanged – 3.2%

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The Ministry of Economy estimates a fall in Ukraine’s GDP in January-September 2022 at the level of 30% y/y

In September 2022, Ukraine's economy fell by 35% y/y – at the level of the previous month

The World Bank improved the growth forecast of Ukraine’s economy in 2023 to 3.3%

Expectations for 2022 have also improved – falling 35% from the previous forecast of 45.1%

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External revenues amounted to 39% of the state budget in September 2022

During the month, financing of the state budget of Ukraine with its own resources amounted to about 115 billion UAH, and with external resources – 74.5 billion UAH

The EBRD lowered the forecast for the growth of Ukraine’s economy in 2023 to 8%

Expectations regarding the fall in the country's GDP in 2022 remained at the level of 30%

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Ukraine to attract $37.9 billion to the state budget

According to the draft state budget, $13.6 billion will be allocated to eliminate the consequences of the war

Deficit of trade in goods decreased to $111 million for the first half of September 2022

During the first half of the month, Ukraine exported products worth $1.18 billion, and imported – $1.93 billion

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The State Statistics Service estimates a drop in Ukraine’s GDP in the second quarter of 2022 at 37.2% y/y

Compared to the previous quarter, the country's economy decreased by 19.1% in April-June 2022

The decline of Ukraine’s economy slowed to 35% y/y in August 2022 – Ministry of Economy

In 2022, the department predicts a decline in the country's GDP by 33.2% on an annual basis

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