Ukraine in 2021 left the list of the most vulnerable and less stable countries according to the Berlin company Scope due to its ability to continue accumulating foreign exchange reserves, improving the balance of payments and reducing payments over the past year, member of the Council of the National Bank of Ukraine (NBU) Viktor Koziuk has said.
“Berlin-based company Scope calculates the External Vulnerability and Resilience rankings. Last year Ukraine was in the most risky oval on the chart. It was among the countries that are most vulnerable and less resilient. This year Ukraine has left this oval. This creates a certain margin of safety,” he said in an exclusive interview with Interfax-Ukraine.
According to him, a certain improvement on the side of the external sector speaks of restrained optimism associated with vulnerability to external shocks.
“At the same time, Ukraine remains in the 80th place in terms of external vulnerability. That is, the probability that we have dropped out of this oval forever is not 100%. We need to work so that we do not return there,” the expert added.
Turkey, Armenia, Belarus and Georgia are in the list of the most vulnerable countries in 2021.