The aggressor country's GDP is also shrinking. Due to sanctions, consumer demand in Russia is reduced to In 2024, Indonesia will overtake Russia from the world's six largest economies in terms of purchasing power parity. This is stated in the forecast of the International Monetary Fund, according to Russian media. 2.52%. Read also: The Central…
Category: economy
The Central Bank of Russia has published a forecast of analysts with a significant decline in the country's economy
Experts expect that in 2023 the situation will begin to improve. The Central Bank of Russia presented a three-year forecast of analysts on the situation with dollar, inflation and GDP. This was reported by the Russian media. According to the forecast, inflation in 2022 will be at 22%, falling GDP (economy) – 9.2%, the average…
Business has asked the authorities to make 20 critical changes to wartime deregulation
Some changes are asked to leave after the end of hostilities. Business representatives asked the authorities to remove as soon as possible a number of bureaucratic procedures, at least during the war, to help them overcome difficulties . Some changes are considered necessary to maintain after the end of hostilities. This is stated in the…
Two months after the start of the war, the Ministry of Justice decided to protect information about debtors and bankrupts
At the same time, the Ministry of Justice referred to the Presidential Decree, which had already expired by the time the order was issued. Almost two months after the start of the war, the Ministry of Justice took the initiative to close open data managed by the Ministry of Justice. The relevant order was published…
The NBU has imposed additional restrictions on foreign currency transfers
The loophole for withdrawing currency abroad through virtual assets is closed. The National Bank has closed a loophole through which up to $ 2.6 billion could be withdrawn from Ukraine in March-April. This is stated on the NBU website. The regulator has established that from now on individuals will be able to carry out quasi-cash…
Since May, the procedure for paying assistance to migrants has changed significantly
The Cabinet of Ministers has not yet decided which cities can be considered to be in the area of military (combat) operations. The resolution of the Cabinet of Ministers of April 16, 2022 №457> came into force, by which the Government changed the procedure for payment of assistance to migrants. According to the changes, assistance…
The third Russian bank in a few days was in line for default
The international isolation of Russia's financial system is growing. VTB, which came under Western sanctions in February, paid the owners of one of the bank's four Eurobond issues a $ 52 million coupon, although the securities were issued in foreign currency, so the payment is unlikely accepted. About payment in rubles reports Russian edition “Vedomosti”…
Gasoline from Germany and LPG from the United States go to Ukraine: when the deficit disappears
The situation may stabilize in a week or two, and Ukrainians should focus on world prices. Fuel shortages have intensified again, and prices are rising despite government regulation. Serhiy Kuyun, director of the A-95 Consulting Group and energy expert, spoke about what is happening in the oil products market. The deficit continues. On the one…
Ukraine's first speech at G20: Russia is a disease of the world economy, Ukraine is a cell of immunity
The G20 is the largest international financial event in the world. Russia is a disease of the world economy, as a result of Russia's war in Ukraine, the growth of the world economy is slowing down, and the world must make the right choice. This was stated by Finance Minister Serhiy Marchenko at the G20…
The Big Seven is ready to provide an additional $ 24 billion to Ukraine
Countries with the strongest economies in the world are ready to financially support Ukrainians. G7 finance ministers have said they are ready to provide Ukraine with additional financial support for 2022, Reuters reports.