Ukraine's GDP may grow by 4.6% next year

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Ukraine's GDP may grow by 4.6% next year
League
13:50, 14.09.2022

The forecast on which the budget is based is a conservative scenario. The actual situation will depend solely on the course of the war



This was announced by Prime Minister Denis Shmigal.

Depending on the situation at the front, the economy can either fall by 0.4% or grow by 10% or more,” Shmigal added.

He emphasized that the forecast on which the budget is based is a conservative scenario. The actual situation will depend solely on the course of the war.

According to the scenario included in the budget, the following indicators are expected:

  • Ukraine's GDP will grow by 4.6% in real terms and by 37% in nominal terms;
  • Inflation will be about 30%;
  • The average salary will be UAH 18.5 thousand;
  • The hryvnia exchange rate will fluctuate at the level of UAH 42/USD.
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Artur Zayonts

Artur Zayonts specialises in news from the frontline. A historian by education, Arthur has always sought to bring depth and context to his journalistic work.