The negative balance of Ukraine’s foreign trade in goods in January-October 2022 increased 2.6 times compared to the same period in 2021 – to $7.050 billion from $2.691 billion, said the State Statistics Service. According to them, exports of goods from Ukraine during the reporting period compared to January-October 2021 decreased by 32.3% to $36.859 billion, imports – by 23.2% to $43.909 billion.
Ukraine’s state budget deficit in November rose to a record 170 billion UAH from 143.4 billion UAH a month earlier, including the general fund to 163.3 billion UAH from 147.1 billion UAH, the Ministry of Finance said on its website.
Total national debt of Ukraine in November 2022 increased by 4.2%: in dollar terms – by $4.34 billion, to $107.46 billion, in UAH – by 158.7 billion, to 3.930 trillion UAH, according to the Ministry of Finance website.
According to them, direct public debt last month increased by 4.5% to $97.69 billion, or 3.572 trillion UAH, mainly due to a loan from the European Union ($2.95 billion) and placement of government bonds ($0.56 billion, or 20.44 billion UAH).
International reserves of Ukraine as of December 1, 2022, according to preliminary data, amounted to $27 billion 422.2 million (in equivalent), which is 10.7% more than at the beginning of November ($25 billion 244.2 million), according to the National Bank of Ukraine.
One third (34%) of Ukrainian refugees in Germany want to stay in this country until the end of hostilities at home, while a quarter (26%) are planning to stay in Germany permanently, Deutsche Welle wrote on Thursday with reference to the results of a representative study conducted by three German sociological institutions together with the Federal Office for Migration and Refugees (BAMF).
Russian attacks on the energy infrastructure increased the rate of decline in Ukraine’s economy this November to roughly 41 percent last November, First Deputy Economy Minister Denis Kudin said. “Our expectation for November is minus 41%. That’s significantly deeper than what we forecasted before,” he said during a discussion at the Center for Economic Strategy (CES).
A month earlier, First Deputy Prime Minister and Economy Minister Yulia Sviridenko said at a meeting with U.S. media that Russia’s October energy slump increased the drop in GDP to 39% by October 2021, which is worse than the September-August figure of 35%.
Kudin also pointed out that for this year as a whole, the GDP decline forecast has been worsened to 33.2% from 32%.
Ukraine since the beginning of 2022/2023 marketing year (MY, July-June) and exported 19.66 million tons of crops, including 10.76 million tons of corn (54.7% of total supplies), 7.29 million tons of wheat (37%) and 1.53 million tons of barley (7.8%).
The total area of residential buildings with permits for construction work (new construction) in January-September 2022 halved compared to the same period in 2021 to 5.2 million square meters, said the State Statistics Service.
Commercial real estate operations and construction lead the list of sectors with the highest share of bad loans (NPLs) – 70.2% and 68%, respectively, according to the National Bank in the Report on Financial Stability on the analysis of the largest corporate borrowers on December 1, which accounted for 60% of the net loan portfolio of banks.
According to the document, the total share of NPL in the real estate sector is 62.8%, followed by mechanical engineering – 62.5%, while in the sectors of energy and utilities, as well as metallurgy, the figures are much lower – 46.8% and 45%, respectively (42.7% in the green energy sector).
Head of the project “Economic Monitoring” candidate of economic sciences Maksim Urakin
macroeconomic indicators, URAKIN
