The Ministry of Economy of Ukraine predicts serious growth of Ukrainian GDP next year. Currently, calculations show a growth of 15.5%.
Economy Minister Yuliya Svyridenko said this in an interview with Reuters.
According to her, the government is currently calculating macroeconomic indicators for the start of negotiations with the IMF on a new credit program. She emphasized that forecasts for 2023 vary widely — from a 0.4% drop to a 15.5% increase. This year, the Ukrainian economy will fall by 30-35%.
"We understand that we have to keep the economy moving. It is very difficult to make new predictions because of uncertainty. It completely depends on the military scenario," added Svyridenko.
She did not name the amount that Ukraine would seek to receive from the IMF, but emphasized that the new program should be "large-scale" and should be agreed as soon as possible.
- Ukraine expects to receive up to $16 billion in additional aid from international partners by the end of the year. The Prime Minister Denys Shmyhal stated that after the Russian invasion in February, Ukraine remains financially stable thanks to the support of creditors. But more than 40% of government spending this year — nearly $11.5 billion — is for military purposes. This includes $7.7 billion for military salaries and another $3.65 billion for weapons purchases.