Ministry of Economy - Latest news GMK Center

The Ministry estimated a 4.2% decline in Ukraine’s GDP in 2020

Ukraine’s economy may grew by 4.6% in 2021

Over the same period, the global Base Metal Price Index is expected to rise by 3.7% on average

There are multiple factors that can help achieve such a target, particularly incentives in the industry

However, the Ministry predicts a GDP growth starting Q2

A decline in Ukraine’s steel production slowed down to -12.6%

Ukraine’s steel industry declined by 13.2%

A decline in Ukraine’s steel industry accelerated to 13.6% in a month

The first step is to determine the economic targets to be achieved

Experts consider a second wave of the COVID-19 pandemic in H2 2020 is highly possible

The economic recession in Q2 reportedly reached 11%

Ministry clarified the national exchange rate