Ukraine can win the economic war against Russia,
At the moment, the main problems of Kyiv are the lack of electricity, people and money.
The Ukrainian economy as a whole was adjusted to the realities of wartime. It is still a quarter less than in 2021, but for the first time since 2022, it is healthier than the Russian one in some key parameters.
The Economist writes that the NBU forecasts GDP growth of 4% in 2024 and 4.3% in 2025. The currency is stable and the interest rate of 13.5% remains at its lowest level in 30 months. Compared to Russia, where the rate could reach 23% to stop the ruble from falling, banks look fragile and GDP will grow by just 0.5-1.5% in 2025.
Timofey Milovanov from the Kyiv School of Economics believes that problems with electricity could reduce GDP growth by one percentage point in…
