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Ukrainian business climate
Posted inEconomy

IMF upgrades Ukraine’s 2023 GDP growth forecast to 4.5% amid “stronger than expected recovery”

by Business Ukraine magazine

The International Monetary Fund has upgraded its 2023 GDP growth forecast for Ukraine to 4.5% while praising the “remarkable resilience” of the country’s wartime economy. The new figure is a significant increase on the earlier forecast of growth between one and three percent. Speaking in Polish capital Warsaw on November 10 following a meeting with […]

Posted inInterview

Tetyana Golofiyevska: “Ukrainians are an exceptionally entrepreneurial and hardworking nation”

by Alexander Pavlov

The full-scale Russian invasion of Ukraine has placed unprecedented strains on the Ukrainian economy but Ukrainian businesses have responded by demonstrating remarkable resilience and durability. Ukrainian entrepreneur and business developer Tetyana Golofiyevska believes the experience of the past nineteen months since the onset of Russia’s invasion has confirmed the exceptional entrepreneurial skills and work ethic […]

Posted inEconomy

Survey: 58% of Ukrainian companies expect to see positive business dynamics in 2024

by Business Ukraine magazine

The new Business Forecasts for 2024 survey conducted by Ukraine’s European Business Association (EBA) has identified a range of positive indicators that point to growing confidence within the Ukrainian business community despite Russia’s ongoing invasion. Released on 11 September, the survey found that more than half of respondents (58%), expect to see their business develop […]