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Photo – The National Bank raises the interest rate to 6.5%
The National Bank raises the interest rate to 6.5%

The rate was raised for the first time over the last nine months

Photo – The NBU estimates a 4.4% decline in Ukraine’s GDP in 2020
The NBU estimates a 4.4% decline in Ukraine’s GDP in 2020

The projected economic growth in 2021 remains at 4.2%

Photo – The National Bank increases its forecast for Ukraine’s GDP in Q3 to -6.2%
The National Bank increases its forecast for Ukraine’s GDP in Q3 to -6.2%

The reason for a better economic forecast is recovery of economic activity following the lift of strict lockdown

Photo – The National Bank predicts a 11% drop in Ukraine’s GDP in Q2
The National Bank predicts a 11% drop in Ukraine’s GDP in Q2

The main reason - restrictions on certain activities

Photo – National Bank: Ukraine’s real GDP may fall by over 5% in 2020
National Bank: Ukraine’s real GDP may fall by over 5% in 2020

The second quarter is expected to bring a deeper real GDP contraction

Photo – The NBU cut the interest rate from 8% to 6%
The NBU cut the interest rate from 8% to 6%

The regulator believes that inflation will grow at a moderate pace in the future

Photo – The National Bank says Ukraine’s GDP fell by 0.5% in Q1
The National Bank says Ukraine’s GDP fell by 0.5% in Q1

The country copes with this crisis better than before

Photo – The NBU is getting involved in the implementation of anti-crisis programs
The NBU is getting involved in the implementation of anti-crisis programs

The regulator does not abandon its plans to reduce its interest rate to 7% by the end of 2020

Photo – The NBU permitted banks to award bona fide borrowers
The NBU permitted banks to award bona fide borrowers

The regulator said this will not affect the capital of banks

Photo – Downsizing is what Ukrainian companies have in mind
Downsizing is what Ukrainian companies have in mind

A survey by the NBU showed a deterioration in business expectations for 2020

Photo – NBU: economic recession reached 3.5% in November 2019
NBU: economic recession reached 3.5% in November 2019

The steel industry with a fall rate of 14.2% in November was among the sectors leading the industrial collapse

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