Ukraine’s real gross domestic product (GDP) growth for January-March 2024 amounted to 4.5% (+/- 1%) from 3.6% (+/- 1%) at the end of January-February.
Growth accelerated to 4.6% (+/- 1%) in March from 3.9% (+/- 1%) in February and 3.5% (+/- 1%) in January this year, according to an estimate released on the website of the Ministry of Economy of Ukraine.
“In March 2024, the trend of recovery growth continued, supported by the stable operation of the Ukrainian maritime corridor (stimulated activity in rail transport, metallurgy and metal ore mining), increased production capacity in the extractive industry, intensified production of mineral fertilizers, increased demand for construction materials, taking place against the backdrop of improved business sentiment … and revival of consumer activity …,” the Ministry of Economy pointed out.
The Ministry added that in March, almost all aggregated economic activities formed a positive contribution to the total GDP. Thus, exports of products of agricultural production and mining and metallurgical complex were provided by the Ukrainian Sea Corridor; and investment demand generated by the budget, as well as the increase in production capacity in the extractive industry formed a positive contribution of production types.
At the same time, it is pointed out that the dynamics of electricity production slowed down significantly in the context of significant rocket attacks in late March, which led to serious damage to energy infrastructure and will require a significant period of time and resources to restore it.
As reported, the National Bank of Ukraine on April 25 worsened its forecast for the country’s GDP growth this year from 3.6% to 3% after 5.3% last year.
When approving the draft state budget for the second reading in early November 2023, the government forecasted GDP growth of 4.6% this year.
Earlier Experts Club analytical center and Maxim Urakin released a video analysis of how the GDP of the world’s countries has changed in recent years, more detailed video analysis is available here – https://youtu.be/w5fF_GYyrIc?si=BsZmIUERHSBJrO_3 Subscribe to Experts Club youtube channel here – https://www.youtube.com/@ExpertsClub
EXPERTS CLUB, GDP, MACROECONOMICS, MINISTRY OF ECONOMY, UKRAINE, УРАКІНА
The list of officially recognized professions in Ukraine has been updated by 42 positions, of which 29 are in the field of information technology, the Ministry of Economy said on Friday.
“We update the list of professions in accordance with the requirements of the time and the needs of the labor market. The most changes are in the IT sphere, where 29 new professions will appear, meeting the realities and demanded by employers. Also new professions are now in the medical sphere, financial sphere”, – the report quotes the words of Deputy Minister Tatyana Berezhnaya.
She also noted that professions were added, in which there was a need in connection with the war and overcoming its consequences, in particular, now there are specialists in mine clearance, in the medical sector – prosthetists-orthotists.
It is specified that the 29 new professions proposed by the Ministry of Digital Transformation included, among others: web resource administrator, mobile application analyst, artificial intelligence engineer, artificial intelligence developer, software architecture developer (IT), cloud architecture developer, electronic communications security specialist.
It is indicated that nine professions in IT sphere are brought in line with modern technologies, in particular, “computer databank analyst” is changed to “data analyst”, “operating and application software analyst” to “software analyst”, “computer software engineer” to “software engineer”, etc.
At the same time, nine obsolete names of professions were removed from the Classifier, for example, “application programmer”, “system programmer”, “computer application engineer”, “software and multimedia analyst”.
In addition, a number of positions that have recently become urgently needed have been added, in particular: prosthetist-orthhetist, operator of the 112 service (providing emergency assistance to the population through a single telephone number on the principle of “single window”), duty officer of the Civil Protection Operational Rescue Service, instructor in spatial orientation and mobility, demining specialist, auditor by type of activity, financial analyst, operator of shot blasting machines, as well as a master of installation, maintenance, repair and debugging, and also a master of the “single window”, “computer engineer”, “computer engineer”, “computer application engineer”, “computer application engineer”, “computer application engineer”, “software and multimedia analyst”, “software and multimedia analyst”, “computer application engineer”, “software and multimedia analyst”.
To date, 9,172 occupational job titles have been registered in the Classifier of Occupations. They (professions, positions, occupations) are systematized into professional groups, depending on the nature, complexity of the work performed, qualification (level of education, specialization), according to the hierarchy of the International Standard Classification of Occupations (International Standard Classification of ).
MINISTRY OF ECONOMY, professions in Ukraine, Татьяна Бережная
The Ministry of Economy invites you to participate in the international forum “Industrial Visa Waiver (ASAA) in the System of Economic Recovery and Development of Ukraine”.
The forum is organized at the initiative of the Department of Technical Regulation within the framework of the international cooperation project ReACT4UA, with funding from the German government and with the support of the German federal company Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and the public union “Foundation for Support of Reforms in Ukraine”.
Date of the event: October 13, 2023.
Registration: 9:00 – 10:00 Kyiv time.
Registration is required. Online registration is available here.
Start: 10:00 a.m. Kyiv time.
Format: online/free of charge.
Simultaneous translation (English/Ukrainian) will be provided.
The main objective: to consider the Agreement on Conformity Assessment and Acceptance of Industrial Products (ACAA Agreement, or the so-called “industrial visa-free regime”) as a factor in overcoming technical barriers to trade, increasing the competitiveness of small and medium-sized enterprises and restoring Ukraine’s economy in general during the war and post-war period.
Key objectives: to hear business priorities and outline ways to create a unified European business environment where each participant will be able to establish communications to find partners.
Two sessions:
Session 1: “Ukraine’s quality infrastructure in the European coordinate system: economic recovery and development”;
II session: “Dialogue with Ukrainian and EU businesses on practical aspects of internationalization of enterprises.
Participation in the Forum is a great opportunity for businesses to get guidance on the movement of industrial goods, search for reliable partners in areas where countries have accumulated significant human and production potential.
Representatives of the following are invited to participate in the Forum:
state-owned enterprises, institutions, organizations operating in the field of technical regulation, standardization, metrology and metrological activities
manufacturers and businesses interested in the production and export of industrial products of Ukraine
other interested parties.
The official media partner is Interfax-Ukraine.
It is planned to merge the Ministry of Agrarian Policy and Food with the Ministry of Economy by the end of 2022 and create a new Ministry of Economic Development and Innovation.
According to the General Plan for the Transformation of the Executive Power in Ukraine, which is at the disposal of the specialized publication Agroportal, the united ministries will be included in the Economic Growth and Innovation block.
According to him, the united department will be tasked with deepening processing in the Ukrainian agro-industrial complex, as well as increasing the export of agricultural products.
In general, 20 ministries functioning in the country are planned to be united into 12.
As reported, in August 2019, the Verkhovna Rada approved the merger of the Ministry of Agrarian Policy and the Ministry of Economy into the Ministry of Economic Development, Trade and Agriculture.
In 2020, the Cabinet of Ministers recreated the Ministry of Agrarian Policy by canceling its affiliation with the Ministry of Economic Development, Trade and Agriculture and determined its number at 203 people.
The actual selling price of crude oil and condensate used in setting the subsoil royalty in January 2022 amounted to UAH 17,547 per tonne, which is 21.8% more than in December 2021 (UAH 14,403 per tonne).
The relevant data were published on the website of the Ministry of Economy of Ukraine.
As reported, in January 2021 the actual selling price amounted to UAH 11,114 per tonne, in February it was UAH 12,302 per tonne, in March it reached UAH 12,832 per tonne, in April it was UAH 12,605 per tonne, in May UAH 13,257 per tonne, and in June UAH 14,140, in July UAH 14,008, in August UAH 13,251 per tonne, in September UAH 14,035 per tonne, in October UAH 15,546 per tonne, in November UAH 15,728 per tonne, and in December UAH 14,403 per tonne.
The actual selling price of crude oil and condensate used in setting the subsoil royalty in December 2021 amounted to UAH 14,403 per tonne, which is 8.4% less than in November (UAH 15,728 per tonne).
The relevant data were published on the website of the Ministry of Economy of Ukraine.
As reported, in January 2021 the actual selling price amounted to UAH 11,114 per tonne, in February it was UAH 12,302 per tonne, in March it reached UAH 12,832 per tonne, in April it was UAH 12,605 per tonne, in May UAH 13,257 per tonne, and in June UAH 14,140, in July UAH 14,008, in August UAH 13,251 per tonne, in September UAH 14,035 per tonne, in October UAH 15,546 per tonne, and in November UAH 15,728 per tonne.
