Despite the full-scale warfare of the Russian Federation in opposition to Ukraine and the lack of about 30% of the economic system as many enterprises had been closed or destroyed, Ukraine’s macroeconomic scenario and the banking gadget are strong.
“As of today, despite the active full-scale war, despite the loss of about 30% of the economy due to the shutdown of enterprises, the destruction of the largest steel and chemical plants in eastern Ukraine, we have a stable macroeconomic situation and banking system,” Prime Minister Denys Shmyhal mentioned in an interview with RBC-Ukraine.
As famous, these days there aren’t any panic sentiments both amongst buyers working in Ukraine or a few of the individuals who grasp deposits in banks and are assured within the Ukrainian banking gadget.
“I am grateful to the Ukrainians for that. The world is surprised, sometimes even shocked by such a patriotic attitude of Ukrainians to their economy, trust in the banking system and the fact that we allowed neither to ruin nor to shatter it,” Shmyhal added.
As reported, in March-April 2022, the Ministry of Finance of Ukraine attracted UAH 135 billion to the state finances raised from the issuance of warfare bonds.