Hostages of pol­i­tics

What will the Ukrainian econ­omy de­pend on in 2020?

The Ukrainian Week - - CONTENTS - Lyubomyr Shava­lyuk

What will the Ukrainian econ­omy de­pend on in 2020?

In 2019, no sig­nif­i­cant risk pre­dicted by eco­nomic an­a­lysts was re­al­ized. On the con­trary, most of the ar­eas where threats were seen re­ceived good news.

In early 2019, every­one was afraid of a dou­ble elec­tion. There was no cer­tainty as to how the coun­try, in par­tic­u­lar its econ­omy, would out­live it. Although the re­sults of the elec­tion blew all fore­casts to smithereen­s, but the econ­omy did not have a neg­a­tive im­pact. What is more, it seems that many in­vestors and eco­nomic agents were over­whelmed by the same eu­pho­ria that the Ukraini­ans were driven by when choos­ing a new pres­i­dent.

At the be­gin­ning of the agrar­ian sea­son, most agrar­ian an­a­lysts pre­dicted that this year’s crop could not sur­pass the his­toric record set in 2018. But the 10-month statis­tic shows a 3.3% in­crease in the agri­cul­tural in­dex. That is, in 2019 the Ukrainian agribusi­ness worked no worse than the pre­vi­ous year. This has well sup­ported ex­port and bal­ance of pay­ments and fi­nan­cial sta­bil­ity in the coun­try.

Dizzi­ness from suc­cess. PM & Co should not fall into eu­pho­ria

Newspapers in English

Newspapers from Ukraine

© PressReader. All rights reserved.