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macroeconomics - Latest Articles GMK Center

Photo – How macroeconomics and COVID “won” the war
How macroeconomics and COVID “won” the war

In June, steel prices made back to pre-war levels

Photo – Statistics Service estimates Ukraine’s GDP falling in Q1 at 15.1%
Statistics Service estimates Ukraine’s GDP falling in Q1 at 15.1%

Compared to the previous quarter, the country's economy shrank by 19.3%

Photo – Ukraine’s payments balance deficit reached $783 million in April
Ukraine’s payments balance deficit reached $783 million in April

A year earlier, in April, an extra of $795 million was recorded

Photo – Ports unblocking will reduce the drop of Ukraine’s GDP in 2022 to 22-25%
Ports unblocking will reduce the drop of Ukraine’s GDP in 2022 to 22-25%

If the ports still blocked, the economy is expected to decline by 30% by the end of the year

Photo – Ukraine’s budget deficit reaches $5 billion a month
Ukraine’s budget deficit reaches $5 billion a month

Now, about 35% of the country's economy does not work

Photo – EU and US consider $14 billion macro financial assistance to Ukraine
EU and US consider $14 billion macro financial assistance to Ukraine

At a meeting on May 18, the European Commission will make an early calculations of the amount of money needed to rebuild Ukraine

Photo – EBRD forecasts Ukraine’s GDP to fall by 30% in 2022
EBRD forecasts Ukraine’s GDP to fall by 30% in 2022

Expectations of economic recovery in 2023 are now 25%, and it is an improvement

Photo – Ukraine’s central bank reports a minor economic recovery after the collapse
Ukraine’s central bank reports a minor economic recovery after the collapse

In April, the number of completely closed companies halved

Photo – Ukraine’s GDP to decline by a third in 2022, National Bank forecasts
Ukraine’s GDP to decline by a third in 2022, National Bank forecasts

Inflation may reach 20% at the end of the year, but will be brought under control

Photo – Ukraine forecasts state budget deficit up to $5-7 billion in April-May
Ukraine forecasts state budget deficit up to $5-7 billion in April-May

Infrastructure losses due to war are estimated at $270 billion, estimates the ministry

Photo – Iron ore is Ukraine’s largest export in March
Iron ore is Ukraine’s largest export in March

Last month, Ukraine exported 3.1 million tons of iron ore worth $439 million

Photo – 50% of Ukrainian business continue to work, Prozorro study
50% of Ukrainian business continue to work, Prozorro study

About 20% of respondents had to close stores, or shutdown production

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