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Ukraine’s economy - Latest news GMK Center

Photo – Ukraine’s economy will not recover without industrial development
Ukraine’s economy will not recover without industrial development

The first step should be to conduct an audit of industrial sectors, which should be followed by a set of measures

Photo – IMF downgrades Ukraine’s GDP growth forecast to 2-3% in 2025
IMF downgrades Ukraine’s GDP growth forecast to 2-3% in 2025

Labor market constraints and damage to the energy infrastructure are unfavorable factors.

Photo – Ukraine’s economic development dynamics slow down in 2024
Ukraine’s economic development dynamics slow down in 2024

The Ministry of Economy estimates that the country's economy grew at 3.6% y/y last year

Photo – Ukraine needs a predictable tax and tariff policy – Metinvest
Ukraine needs a predictable tax and tariff policy – Metinvest

Otherwise, it is impossible to attract foreign investment to the country

Photo – NBU raises key policy rate to 14.5%
NBU raises key policy rate to 14.5%

The NBU does not rule out that curbing price pressures will require further tightening of interest rate policy

Photo – The Government is finalizing internal preparations for negotiations with the EU on industrial visa-free regime
The Government is finalizing internal preparations for negotiations with the EU on industrial visa-free regime

This year, Ukraine aims to maintain access to the EU market at a level no worse than in 2024

Photo – Analysts expect Ukraine’s GDP to increase to $200 bln in 2025
Analysts expect Ukraine’s GDP to increase to $200 bln in 2025

War and damage to energy infrastructure remain key constraint factors for economic growth

Photo – Concorde Capital expects Ukraine’s GDP to grow by 3.8% y/y next year
Concorde Capital expects Ukraine’s GDP to grow by 3.8% y/y next year

Loss of coking coal in Pokrovsk will have a negative impact on the steel industry

Photo – NBU expects Ukrainian GDP to grow by 4.3% in 2025
NBU expects Ukrainian GDP to grow by 4.3% in 2025

The key risks in 2025 include an increase in the intensity of warfare and the amount of damage to energy infrastructure

Photo – Security guarantees are vital for rebuilding Ukraine’s economy – Metinvest CEO
Security guarantees are vital for rebuilding Ukraine’s economy – Metinvest CEO

There is currently considerable uncertainty about Trump's plans to end the war

Photo – Ukrainian economy was 10.5% below the level of 2021 in 2023
Ukrainian economy was 10.5% below the level of 2021 in 2023

Ukraine needs systemic support for basic industries to recover at least to pre-war levels

Photo – How EU CBAM may increase burden of the war for Ukraine
How EU CBAM may increase burden of the war for Ukraine

Domestic iron & steel industry will be the most damaged by CBAM

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