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Economy Ministry worsens forecast for Ukrainian economy growth to 4.1% in 2021, to 3.8% in 2022

Economy Ministry worsens forecast for Ukrainian economy growth to 4.1% in 2021, to 3.8% in 2022 - ex-minister
1 min read
The Ministry of Economy of Ukraine worsened expectations of real GDP growth in the updated macro forecast from 4.6% to 4.1% in 2021, from 4.3% to 3.8% in 2022, ex-Minister Ihor Petrashko said.
"Our updated macro forecast, sent to various authorities and on which the three-year Budget Declaration will also be based, is an economic growth of 4.1% this year (real GDP)," he said in an interview with Interfax-Ukraine.
At the same time, Petrashko said that the fall in the economy in January-March 2020 turned out to be better than the expected indicator - 2% with the expected 3% subsidence.

Ukraine , Ukrainian , Ihor-petrashko , Ministry-of-economy-ukraine , Economy-ministry , Minister-ihor-petrashko , Budget-declaration , Petrashko , உக்ரைன் , உக்ரேனிய , அமைச்சகம்-ஆஃப்-பொருளாதாரம்-உக்ரைன் , பொருளாதாரம்-அமைச்சகம்

Economy Ministry, ArcelorMittal Kryvyi Rih signs memorandum on $1 bln investment projects for ecological modernization

Economy Ministry, ArcelorMittal Kryvyi Rih signs memorandum on $1 bln investment projects for ecological modernization
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Ukraine , Mauro-longobardo , Ihor-petrashko , Ministry-for-development-of-economy , Arcelormittal-group , Economy-ministry , Arcelormittal-kryvyi-rih , Mittal-kryvyi-rih , Minister-ihor-petrashko , Steel-billion , உக்ரைன் , அமைச்சகம்-க்கு-வளர்ச்சி-ஆஃப்-பொருளாதாரம்

Ukraine's Health-Care System, Economy Struggle To Cope With COVID-19

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BORYSPIL, Ukraine -- Apart from the international airport it hosts, rarely does this suburb 45 kilometers east of Kyiv make the national news. Yet Boryspil was in the headlines on October 28 after Anatoliy Fedorchuk died of complications linked to COVID-19 just three days after being elected to his fourth consecutive mayoral term and less than a month before his 61st birthday.
"It was a shock to all of us at first…we thought he was in good health," said Yaroslav Hodunok, who, serving as city council secretary at the time, took up the vacant post until mid-November.
The mayor-elect's death was a stark reminder to people in this nation of nearly 44 million that the coronavirus does not discriminate based on status.

Boryspil , Kyyivs-ka-oblast , Ukraine , Kyiv , Kyyiv , Misto , United-states , Kharkiv , Kharkivs-ka-oblast , United-kingdom , China , Odesa

Cabinet recreates Agrarian Ministry by cancellation of its joining to Economy Ministry in 2019

Cabinet recreates Agrarian Ministry by cancellation of its joining to Economy Ministry in 2019
1 min read
The Cabinet of Ministers of Ukraine has recreated the Ministry of Agrarian Policy by canceling its accession to the Ministry of Economic Development, Trade and Agriculture in 2019.
The government made the relevant decision at an extraordinary meeting on Monday evening.
"This, in fact, gives a start to the creation of a new Ministry of Agrarian Policy," Economy Minister Ihor Petrashko said during the government meeting.
13:35
24.03.2021
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Ukraine, ILO sign memorandum of understanding

Saturday, 27 March 2021, 09:16
Ukraine, ILO sign memorandum of understanding
22.12.2020 13:45
Ukrinform
Representatives of Ukraine and the International Labor Organization (ILO) have signed a memorandum of understanding on the implementation of the Decent Work Country Program for Ukraine for 2020-2024.
“As part of the National Tripartite Socio-Economic Council, Minister Ihor Petrashko signed a Memorandum of Understanding on the implementation of the Decent Work Country Program for Ukraine for 2020-2024. Heinz Koller, ILO Regional Director for Europe and Central Asia, signed the document from the International Labor Organization (ILO),” reads the report released by the Ministry for Development of Economy Trade and Agriculture.
The program includes three priorities: improved social dialogue; inclusive and productive employment; improved working conditions and social protection.

Geneva , Gene , Switzerland , Budapest , Hungary , Ukraine , Ihor-petrashko , Heinz-koller , Regional-office-for-europe , Ministry-for-development-of-economy , Association-agreement , Eastern-europe