Ministry of Economy - Latest news GMK Center

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

Due to limited logistics capabilities, steelmakers need to increase exports of value-added products

In monetary terms, the volume of Ukrainian exports increased in September by more than 23% compared to August

Insurance of 24 loan contracts for UAH 70 million has been financed

The total Ukrainian exports decreased by almost half compared to the pre-war period

The government made this decision at a meeting on September 27, 2022

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

In August, exports of goods increased by 13.9% compared to the previous month, while imports decreased by 2.3%

The country's economy may begin to grow in 2023 after a deep decline in 2022 by 35-40%

The National Bank has similar forecasts for the development of the Ukrainian economy

The funds are transferred to the Ministry of Economy for the provision of non-refundable grants

Currently, the draft methodology is published for discussion