NBU expects Ukraine’s economic recovery to begin in autumn

NBU expects Ukraine’s economic recovery to begin in autumn

Ukrinform
The National Bank of Ukraine (NBU) expects that the economic recovery in Ukraine will begin at the end of the third quarter of 2020.  

First Deputy NBU Governor Kateryna Rozhkova said this at a briefing on March 27, an Ukrinform correspondent reported.

"We expect, basing on the forecasts we hear, that from the end of the third quarter, the economy will recover and customers and banks will return to normal regime," Rozhkova said.

As Ukrinform reported, according the National Bank estimates, the impact of the coronavirus outbreak on Ukraine's balance of payments will be insignificant, but the pandemic is likely to have a negative impact on economic growth overall.

iy

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2024 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-