In the second quarter, GDP fell by 40%.
The National Bank of Ukraine estimates a fall in gross domestic product ( GDP) of Ukraine according to the results of the second quarter of the current year at the level of 40% (preliminary data). Deputy Head of the National Bank of Ukraine Serhiy Mykolaichuk told about this in his interview for the East Asian magazine Rabbit Hole.
According to him, we now have to rely on various estimates based on the results of surveys and indicators reflecting the dynamics in various sectors of the economy.
In particular, according to the NBU survey, at the beginning of March, almost a third of enterprises did not work fully. That number was down to 14% at the end of May.
“But more broadly, we estimate that GDP fell by 40% in the second quarter compared to the second quarter of last year,” he said.
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Earlier, experts calculated how much money is needed to restore the housing stock and housing and communal services. Taking into account modernization, $375 billion is needed.
