Business news from Ukraine

Business news from Ukraine

First deputy head of NBU: end of war may boost economic growth despite fiscal challenges

Ukraine will be able to avoid recession and even accelerate economic development after the end of active hostilities, the first deputy head of the NBU, Serhiy Mykolaychuk, has said.

In an interview with Interfax-Ukraine, he emphasized that the international experience of post-war crises is not fully applicable to Ukraine.

“We expect that defense spending will remain significant, while European integration plans and capital inflows will support the economy. In addition, the reintegration of veterans into peaceful life will be faster than it was in other countries, thanks to modern technologies and features of society,” Mykolaychuk said.

https://interfax.com.ua/

 

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