In 2021, Ukraine’s economy will resume growth, while inflation will remain moderate. These conclusions were reached during a meeting of representatives of the NBU, the Government and leading Ukrainian economists, the NBU press service reported on Facebook.
The panelists agreed that in 2021 the economy would enter a growth trajectory, while inflation would remain moderate. However, in their opinion, COVID-19 is likely to still have a depressive effect on investment activity and consumption. This will limit the pace of economic recovery.
In such conditions, close coordination of fiscal and monetary policies is an important prerequisite for a faster recovery from the crisis. (Ukrinform/Business World Magazine)