Dollar at UAH 50: the government published a macro forecast for the next year
The government expects that in 2023 the dollar exchange rate will reach UAH 50, and the consumer price index will be 30.6%.
This was reported in "Economic Truth," referring to sources in the Cabinet of Ministers.
According to the Ministry of Economy calculations, Ukraine's GDP should grow by 4.6% next year. At the same time, by the end of 2022, it will decrease by 33.2%.
The government also expects prices to continue skyrocketing next year.
Thus, the macro forecast inflation for 2023 should be 30.6% (as of June, it was 22.2%). The unemployment rate, according to the calculations of the Ministry of Economy, should be 28.2%, and the average salary - is UAH 18,508, reports Economic Truth.
Based on the macro forecast, as a rule, the Ministry of Finance should draw up a budget for the following year.
As a rule, the government's macro forecasts come true quite rarely. The Economic Truth added that a macro forecast is required solely to calculate future revenues and expenditures in the budget.