National bank of Ukraine’s official rates as of 10/03/20
Source: National Bank of Ukraine
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Ukraine should be integrated in the European Union and NATO, but it should have deeply developed relations with those regions of the world where it sees its national interests, Ukraine’s Deputy Prime Minister for European and Euro-Atlantic Integration Dmytro Kuleba said.
“I am deeply convinced that it would be a big mistake for Ukraine to limit itself solely to its western vector. The world is much bigger, much more complex, there are a lot of opportunities in the world,” Kuleba said on Ukrainian television.
At the same time, the deputy prime minister said he sees Ukraine as a member of the European Union and NATO.
“I see Ukraine as a state, integrated European and Euro-Atlantic state, which has deep developed relations with those regions of the world where it sees its national interests,” Kuleba said.
Kuleba said he sees Asia as such region as “the heart” of the world’s economy is now beating there.
“It’s China, India, Japan, South Korea, Singapore – that’s where the economic heart of the world is beating now,” Kuleba said.
The strategy for the privatization of state-owned enterprise (SOE) Ukrspyrt envisages the transfer of property of the SOE as a pool of fixed assets of industrial sites to the State Property Fund of Ukraine (SPF) before June 1, 2020.
According to the presentation of Ukrspyrt, the necessary conditions for privatization are the completion of the registration of property of state-owned distilleries.
Now out of 41 Ukrspyrt’s industrial sites, 18 have all the property registered, another 18 have partially registered property, and five have been seized.
The main advantage of this privatization option for Ukrspyrt is the ability to transfer facilities for privatization before June 1, 2020.
Ratio of fertility and mortality by Ukrainian regions as of Dec 31, 2019
The potential reintegration of Donbas might add up to 1.5 percentage points (pp) to Ukraine’s GDP growth during two or three years, Bank of America (BofA) has said in its analytical review.
BofA said that the potential integration of territories could increase nominal GDP by 3-5 pp and accelerate growth by 1-1.5 pp in the period after the post-war recovery.
The analysts said that the post-war recovery might be partially financed with external donor assistance.
Both Donetsk and Luhansk regions accounted for more than 15.7% of Ukraine’s GDP in 2012, before the war. The contribution of these regions, still under Ukrainian control, fell to about 12.7% of GDP in 2017. BofA believes that this might indicate a one-time increase in relation to nominal GDP values of at least 3%.
According to the analysts, the normalization of economic relations with the region could accelerate the growth of real GDP in the first year by 0.5 pp.
