Ukraine’s GDP grew by 6%

Ukraine’s GDP grew by 6%

Ukraine’s GDP grew by 6% yoy in the second quarter, the Economy Ministry reported yesterday. The increase comes after five straight quarters of decline due to the coronavirus pandemic. In a Reuters poll, economists predicted an 8% yoy increase. The Ministry said: “In the second quarter of 2021 economic recovery entered a positive trend, although it continues to be affected by the pandemic.” The government forecasts 4.1% growth for all of 2021, cancelling out last year’s decline of 4%.

Share!

Related posts

Shrinking Trade Deficit, Tax Revenues Higher than Projections

🔵 With Ukraine’s imports and exports of goods up by 26%, the trade deficit...

Continue reading

$2.7bln IMF Deal

🔵 Ukraine should receive $2.7 billion from the IMF by late August, in time for $3 billion...

Continue reading

Huge Chinese Infrastructure Investment, GDP +8%?

Three years in the making, an agreement signed last week in Beijing for China to finance and...

Continue reading