Ministry of Economy

In April, Ukraine’s industry fully felt the adverse impact of the pandemic

The results of the first three months of 2020 proved to be worse than expected

Yet, a 2.4% economic growth is projected in 2021

A further fall in GDP may be expected in the future, which, according to the Cabinet of Ministers, will reach 4.8% in 2020

The Ministry also develops programs to help businesses access credit resources

The Ministry revised its initial growth forecast of 3.7%

A total of more than ₴90 billion in state support is proposed to be earmarked for industry, agriculture and exports

Volodymyr Kompaniets, economic expert, says it was the first drop in the past 49 months

The document has already been agreed on with all sectoral associations and the Ministry of Economic

Earlier, the Ministry expected an increase of 3.2%