Ministry of Economy

The Ministry of Economy to increase the processing of steel raw materials

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

The Ukrainian exports in September 2022 increased by 32% m/m

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

Ministry of Economy calls on banks to support Ukrainian exports through ECA mechanisms

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

Exports to the EU exceeded pre-war indicators in January-September 2022 – Ministry of Economy

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

Ukraine has completely banned the export of goods to the Russian Federation

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

The foreign trade deficit in goods in August decreased by a third compared to July

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

The Ministry of Economy expects Ukraine’s GDP to grow by 15.5% in 2023

The country's economy may begin to grow in 2023 after a deep decline in 2022 by 35-40%
The Ministry of Economy predicts a drop in GDP by 35-40% by the end of 2022

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

The Cabinet of Ministers allocated UAH 45 million for the creation of processing enterprises

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

The Ministry of Economy calls to extend the grain agreement to the export of iron ore

Deputy Minister of Economy Taras Kachka hopes that the grain export agreement can become a model for other goods

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